Don’t Cut Off my Access to Early Wages !

Dear CFPB,

As someone who relies on Earned Wage Access (EWA), this service has been there when I needed it most. EWA provided early access to my hard earned wages to pay bills on time and manage unexpected expenses. Because I’ve been better able to manage my money, I’ve been able to avoid having to resort to payday lenders, overdrafting my credit card, or making a late payment. Your rule seems confusing and does not allow me to compare the costs of late fees and overdrafts with what I might choose to pay for EWA. I worry that your rule will end up cutting off my access to my wages and leave me worse off financially. I urge you to reconsider and prioritize the needs of workers like myself who benefit from EWA.

Sincerely,

{{contact_full_name}}
{{contact_city_and_state}}