Another VC-backed fintech, Earnin, faces crackdown over allegedly ‘predatory’ loans | TechCrunch

November 21, 2024 2:46 AM0


The attorney general for the District of Columbia is suing instant payday loan fintech Earnin for “deceptively marketing and providing illegal high-interest loans,” the AG alleges. Earnin allows its users to get loans against paychecks. It advertises that users can get $150 a day, up to $750 per pay period, with “no interest, credit check […]

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