Earned Wage Advance bills are in both the House and Senate

Earned Wage Advance (EWA) are small, short-term loans repaid by consumers on their next payday. Some EWA are integrated with employers, who verify that workers are owed wages. The advance (and fees) are then deducted from the employee's next paycheck. Other EWA are marketed directly to consumers, and collect repayment by debiting consumers' bank accounts on payday.

Even when EWA products are marketed as “free," companies often impose a fee to receive an immediate advance and ask for “tips” to complete a transaction. Fees and tips can be very high relative to the amount of the loan, which is compounded when consumers get stuck in a loop of repeated borrowing.

Just like payday loans, EWA are marketed as a way to make ends meet between paychecks, but consumers find themselves trapped in a cycle of borrowing that erodes their financial stability over time. These predatory lending products must be regulated with a strict cost cap that protects people's paychecks from extractive fees and tips.

Lawmakers in both the House and Senate have a bill in front of them to regulate these products, but it would not implement strong enough regulations to adequately protect Washington consumers.

Tell lawmakers in both the House and Senate: Regulate EWA to protect consumers!

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Statewide Poverty Action Network
1501 N 45th Street
Seattle, WA 98103
United States
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