There’s a misperception among some continuing company leaders that it is somehow a challenge regarding the unemployed or homeless

There’s a misperception among some continuing company leaders that it is somehow a challenge regarding the unemployed or homeless

Business pitches worker loans as task benefit.By James Rufus Koren / Los Angeles instances (TNS)

Doug Farry is among the founders of Employee Loan possibilities, in north park. The organization hooks workers up with a 25 % APR and their re payment is taken straight from their paychecks. For the previous year and a half, Doug Farry has met with town councils, chambers of business and business recruiting supervisors, telling them a difficult truth: Many employees reside paycheck to paycheck and quite often seek out payday loan providers to obtain by.