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Without a doubt about Fintechs Step towards Payday Alternatives Where Banking institutions Fear to Tread

Without a doubt about Fintechs Step towards Payday Alternatives Where Banking institutions Fear to Tread

A small but growing group of non-bank lenders is working with U.S. employers to offer small-dollar financing tied to wages with banks slow to offer consumers alternatives to payday loans despite encouragement from regulators.

United Method started offering the working platform of Salary Finance, running within the U.K. since 2015, to its workers in and is connecting it with some of the Fortune 500 companies the charity has partnered with for decades october.