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Apps offer lifeline for workers whom face difficulty between paychecks

Luis Vazquez along with his gf had been down seriously to their final $50 after she got unwell along with to miss work with 30 days.

He currently paid their lease and bills for the but without her income the couple couldn’t cover groceries and other essentials month. Their next paycheck ended up being more than per week away.

Up against an identical money crunch years back, Vazquez had resorted to a quick payday loan, a high-interest, temporary loan designed to tide a debtor over before the paycheck that is next. However the few and their toddler son had been fundamentally evicted from their apartment simply because they could not make both their lease and also the loan repayments.

Vazquez vowed to never sign up for such that loan once more. This time, he previously another choice. An support that is overnight at Walmart, Vazquez had been able get yourself a $150 advance on their pay utilizing an software that enables the business’s workers to access as much as half their made wages within a pay duration. Continue reading

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