The growing popularity of wage access apps is the newest symptom of America’s shortcomings.

It turns out our personal finances are in as bleak a state as they feel.

More than one-third of Americans say they couldn’t cover a $400 emergency expense in cash, and the average consumer has ~$5.7k in credit card debt.

To shorten the time between paychecks, more people are turning to wage access apps — services that offer users early access to earned funds in exchange for a fee, per Vox.


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