Wagestream App Faces Criticism for High-Interest Loans Targeting Low-Wage Workers
The Wagestream app, designed for salary advances, is under scrutiny as users report feeling trapped in debt cycles due to easy access to funds. The app offers high-interest loans up to £25,000 to low-wage workers, raising concerns among critics about the financial risks posed to vulnerable employees.
Wagestream App Faces Criticism for High-Interest Loans Targeting Low-Wage Workers
The Wagestream app, designed for salary advances, is under scrutiny as users report feeling trapped in debt cycles due to easy access to funds. The app offers high-interest loans up to £25,000 to low-wage workers, raising concerns among critics about the financial risks posed to vulnerable employees.
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