The CEO and Founder of PayActiv covers received wage access and exactly why it may be therefore ideal for those individuals paycheck that is living paycheck
Roughly half the US population lives paycheck to paycheck and through the they often run out of money between these paychecks year. Therefore, they turn to pay day loans or overdrafts and sometimes spend fees that are late well. This costs this population hundreds and sometimes even thousands of dollars each year. There is certainly an improved solution this is certainly beginning to gain traction, it really is called gained wage access.