Earned Wage Access vs. Payday Loans : What Employers Need to Know
Payday lenders took $2.4 billion in fees from borrowers in a single year (CRL, 2025).The earned wage access vs payday loans debate starts there, with a cost that lands on hourly workers across healthcare, retail, logistics, and hospitality, and ultimately shows up in employer turnover data. Employers rarely know this is happening. Payday lending takes…