Robinhood apparently faces SEC probe linked to handles high-speed traders

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AJ Smith understands exactly about people money that is owing. In the end, he’s a debt collector in Las vegas, nevada, the gambling money around the globe. Therefore final March, whenever Smith downloaded Earnin, a software that fronts employees element of their paychecks early, he didn’t think such a thing from it. It absolutely was cash he’d currently attained, the ongoing business stated it prevented overdrafts, and any charges had been optional: The software called them “tips.” “It had been simply ways to get a few bucks occasionally,” said Smith, that would tip just as much as 9 for one-week, 100 loans. Continue reading “Popular cash loan app Earnin operating in payday loan ‘gray area,’ experts claim” →