An anonymous reader shares an article that’s part of the Future Agenda, a series from Slate in which experts suggest specific, forward-looking actions the new Biden administration should implement. Here’s an excerpt: Consumers in the U.S. face an infuriating lack of transparency when it comes to purchasing broadband services. Bills are convoluted, featuring complex pricing schemes. Roughly 7 in 10 U.S….
Tag: hidden fees
The New Payday Lender Looks a Lot Like the Old Payday Lender
Apps promising to “advance” a user’s wages say they aren’t payday lenders. So what are they? From a report: Earnin does not call its service a loan. Rather, it’s an “advance”: Users are borrowing from their own paychecks — not from the app. It does not require a credit check, and promises no hidden fees or additional financing charges, even if…