In the era of ACH and paper checks, the two-week pay cycle made sense, but today’s workers need access to funds that match our subscription lifestyle—an avalanche of due dates that correspond to signups, not payday. Enter paycheck-linked lending—a financial service that relies on securing repayment directly from a borrower’s paycheck, providing a less risky payment method to underwrite.
In this whitepaper jointly produced by Highline and Argyle, learn how:
- Paycheck-linked lending helps end the cycle of predatory lending
- You can increase approval rates and reduce the risk of missed payments and overdrafts with a modern solution to the two-week pay cycle
- Turnkey, customizable API requires less technology investment, expands your products and customers, and reduces regulatory risk
This whitepaper is available at Fintech Nexus. You can access it here.