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10 million Americans are using advance loan apps to get their paychecks in advance—and it’s costing them hundreds of dollars more, report finds

Source: Fortune · Oct 18, 2026 10:18 UTC

Torn U.S. one-dollar bill on a white background — File photo Images_of_Money / Flickr · CC BY 2.0 · Source

The Quick Take

More than 95% of payday loans through direct-to-consumer apps included fees or voluntary “tips,” and these extra charges are piling up.

Read the full story at Fortune

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