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Sometimes, employers offer short-term, low-interest loans instead of advances. If you cant get an advance from your boss, you can do the same thing through an app called Activehours. You just send in a picture of your time sheet to show how many hours youve worked. The company deposits your pay for those hours into your bank account, up to a maximum of 100 per day.
Then when your paycheck comes in, Activehours takes the money its already paid you directly out of your account. On the face of it, this looks a lot like a payday loan. Youre a quick look at advance cash advcash getting a lump sum that you have to pay back all at once, automatically.
The big difference is that, with Activehours, you dont have to pay a huge fee or any fee at all. You can give the company a tip for its service if you want to, but you get to decide how much.
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