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  2. These apps allow workers to get paid between paychecks ... - AOL

    www.aol.com/news/apps-allow-workers-paid-between...

    The apps extend small short-term loans to workers in between paychecks so they can pay bills and meet everyday needs. On payday, the user repays the money out of their wages.

  3. Payday loan - Wikipedia

    en.wikipedia.org/wiki/Payday_loan

    A payday loan (also called a payday advance, salary loan, payroll loan, small dollar loan, short term, or cash advance loan) is a short-term unsecured loan, often characterized by high interest rates. These loans are typically designed to cover immediate financial needs and are intended to be repaid on the borrower's next payday.

  4. Payday loans in the United States - Wikipedia

    en.wikipedia.org/wiki/Payday_loans_in_the_United...

    A payday loan (also called a payday advance, salary loan, payroll loan, small dollar loan, short term, or cash advance loan) is a small, short-term unsecured loan, "regardless of whether repayment of loans is linked to a borrower's payday." [1] [2] [3] The loans are also sometimes referred to as " cash advances ," though that term can also ...

  5. Rhode Islanders are taking out risky loans from online 'rent ...

    www.aol.com/rhode-islanders-taking-risky-loans...

    In 2019, payday lenders collected $7.6 million in fees from Rhode Islanders, according to Weayonnoh Nelson-Davies, the director of the Economic Progress Institute.

  6. Payroll - Wikipedia

    en.wikipedia.org/wiki/Payroll

    A payroll is a list of employees of a company who are entitled to receive compensation as well as other work benefits, as well as the amounts that each should obtain. [1] Along with the amounts that each employee should receive for time worked or tasks performed, payroll can also refer to a company's records of payments that were previously ...

  7. Apps that allow workers to get paid between paychecks come ...

    www.aol.com/news/apps-allow-workers-paid-between...

    Proponents of the apps say they help people living paycheck to paycheck, while critics say they are payday loans in a […] The post Apps that allow workers to get paid between paychecks come with ...

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