New York Credit Unions Push to Treat Wage-Advance Apps as Loans
Nearly 30 New York credit unions urged state lawmakers on May 28, 2026 to pass the Stop Taking Our Pay (STOP) Act , which would regulate earned-wage-access (EWA) apps as loans…
News About the Ever-Changing Payday Advance Industry
Topic
News on earned wage access and cash-advance apps — how they work, how regulators classify them, and what they cost workers.
Nearly 30 New York credit unions urged state lawmakers on May 28, 2026 to pass the Stop Taking Our Pay (STOP) Act , which would regulate earned-wage-access (EWA) apps as loans…
A federal judge ruled on April 10, 2026 that cash-advance app Brigit's "Instant Cash" product is essentially a payday loan, allowing a lawsuit by active-duty…
The Consumer Financial Protection Bureau said on December 23, 2025 that certain employer-partnered earned wage access (EWA) products are not "credit" under the Truth in…