'There was no way to pay rent without another cash advance': Here's how one woman got trapped by apps offering fast cash — and how she broke the cycle

What McClain, an IT professional making about $40,000 at the time, didn’t know — and what cash-advance apps may not advertise — is that she had the right to revoke an app's ...

Merchant Cash Advances Piling Up in Small Business Bankruptcies

Merchant cash advance funders are increasingly being listed as major creditors when small and even midsize companies file for ...
CNBC

Interest in cash advances is up 51% from last year — these interest-free apps can help you

When you need money fast, cash advances can go a long way in saving the day for many people. In fact, interest in cash advances has been climbing. Our team did a Google Trends analysis and found that ...
Hosted on MSN

Can you legally refuse to pay back a cash advance? Yes — but there’s a catch.

Anastasia McClain knew she was in financial trouble when her entire paycheck was spoken for before it even hit her bank account. Each pay period, the money arrived and then vanished almost immediately ...
InvestmentNews

SEC bars Florida manager over $2.5M merchant cash advance scheme

Unregistered merchant cash advance sales landed a Florida manager a three-year SEC bar after raising $2.5 million from 240 investors. Let's walk through what actually happened, in plain language, and ...
NPR

A shadowy industry is helping small businesses pay tariffs — at a high cost

The texts, calls and WhatsApp messages never stop. "Point me in the direction of what dollar amount you need, and we'll get it priced out and funded today!" It's Bella, it's Jake, it's Zevi — ...