Payday loans are typically used by borrowers with no other options (e.g., low wage workers with bad credit). The Consumer Financial Protection Bureau is implementing the Payday Rule designed to protect these borrowers from predatory practices. These rules do not apply to employers that advance their paychecks to their employees. Employees should check the impact of payroll advances on minimum wage rules.
Barbara Weltman
Big Ideas for Small Business, Inc.
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It's important to take care of ourselves and take steps to nourish ourselves--body, mind and soul. We may have to do this in different and creative ways now that many of us are staying at home. It's still important that we take time for ourselves. #selfcare #Health