How a new class of online lending apps, which promise to "advance" users' wages, are much the same as traditional payday lenders (Sidney Fussell/The Atlantic)

Sidney Fussell / The Atlantic:
How a new class of online lending apps, which promise to “advance” users' wages, are much the same as traditional payday lenders  —  Apps promising to “advance” a user's wages say they aren't payday lenders.  So what are they?  —  Jonathan Raines needed money.  An app promised to help.

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