Is EWA a loan?
No.
🚫 No underwriting
🚫 No interest rate
🚫 No collection fees
🚫 No late fees or penalties
🚫 No reporting to credit bureausÂ
🚫 No credit impact
The amount that a worker accesses is deducted from their next paycheck, meaning there are no repayment processes required.
EARNED
not Early
WAGE
not Income
ACCESS
not Advance