Employers can Benefit by Offering Small Dollar Lending

Ann Lyn HallBlog

helping employees

[Guest Post from Ona Porter, CEO, Prosperity Works] In the first few days of the COVID-19 crisis, we saw reports of 700,000 unemployed workers. Now, it is in the millions. Nearly 25% of workers now say their pay is reduced or they were laid off. Simply put, we’re all in unchartered waters. Rightly, there is a lot of focus on immune-compromised and health risks. But the shock to the economy is not getting enough attention. Federal stimulus or payments are forthcoming, but cash is king. Access to credit is also critical, but it has to be safe, fair, and affordable. … Read More