Cash-advance app Earnin changes its tune amid NY probe

Cash-advance app Earnin changes its tune amid NY probe

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on line loan providers under research by regulators in 11 states, Puerto Rico

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Popular cash advance application Earnin operating in cash advance ‘gray area,’ critics claim

A cash-advance application supported by rapper Nas is scrambling to flee regulatory temperature over issues so it is doing unlawful payday financing when you look at the ny, The Post has discovered.

Earnin, a Silicon Valley startup whose investors have investment capital company Andreessen Horowitz, quietly disabled a feature that is controversial ny users that links how big its loans to voluntary “tips,” according to sources near to the situation. Continue reading “Cash-advance app Earnin changes its tune amid NY probe”