Cash-advance app Earnin changes its tune amid NY probe

Cash-advance app Earnin changes its tune amid NY probe

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

A cash-advance application supported by rapper Nas is scrambling to flee heat that is regulatory issues so it is doing unlawful payday lending within the ny, The Post has discovered.

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