Earned Income Advances vs. Small-Dollar Loan Programs
Publisher: TrueConnect
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The average unplanned expense is around $3,500. And, 71% of Americans in 2019 said they experienced a financial shock of $1,000 or greater. Earned income advances can be beneficial for your employees in some cases, but they don't solve for the unexpected expenses that more than two-thirds of the nation experience yearly. Read more about the use cases and side-by-side comparison of each type of employee program.
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