Microeconomics and revolutionary technologies are redefining the U.S. workplace and workforce. Yet according to a recently available PwC research, about 70% of households nevertheless reside paycheck to paycheckвЂ”with disaster that is financial one broken air conditioning equipment or medical center see away.
It is unsurprising that a March 2017 MetLife study discovered 49% of workers are anxious and stressed about their economic health. Until a years that are few, employees had few choices to bridge the paycheck cycle gapвЂ”payday loans, payday loans on charge cards, and overdrafts. Those choices all entail interest that is high significant feesвЂ”or bothвЂ”that can drive susceptible borrowers even more into financial obligation. (more…)KEEP READING