Cash advance apps vs. payday loans: Which is better?
Cash advance apps vs. payday loans: Which is better?
(NerdWallet) – If asked to picture a payday lender, you might think of a storefront in a strip mall with green dollar signs and neon slogans like “everyday’s payday.” You probably don’t picture a mobile app that advertises on TikTok and sports a colorful logo.
But cash advance apps like Earnin and Dave provide advances with the same borrow-and-repay structure as payday lenders, and consumer…