Gusto Early Wage Access: A High Interest Loan

Early Wage Access (EWA) app Gusto offers employees at participating companies an opportunity to get an advance on expected pay. The service allows employees to request up to 40% of their expected pay days ahead of actual payday, with the loan being repaid when the employee’s payroll check is deposited.

Here’s more from Gusto on how the service works:

With Cashout, you can request a portion of your estimated paycheck before payday. Then, your…



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