FTI Consulting Study Finds that EWA Services Such as EarnIn Boosts Consumer's Ability to help Avoid Fees and Crush Credit Card Debt

EarnIn recently partnered with FTI Consulting a global leader in economic analysis and business management – in a study on the impact of on-demand pay and found immediate access to earned wages frees people from making crippling financial decisions and helps families escape debt.

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Earned Wage Access (EWA)
boosts financial resilience.

FTI found that people feel more in control of their finances and experience
better financial wellbeing after receiving early access to their wages through
on-demand pay services like EarnIn. Here are a few key takeaways:

purple dots forming a triangle

say they had

higher self-esteem

purple dots forming a triangle

reported feeling
less stressed

about their financial situation

purple dots forming a triangle

noted an improvement

in their mental health

say they head

higher self-esteem

reported feeling less stressed

about their financial situation.

noted an improvement

in their mental health

say they head

higher self-esteem

reported feeling less stressed

about their financial situation.

Who Uses EWA and How They Use It.

The study found that the vast majority of EWA users feel the service is the best option to help them manage their spending after researching multiple options. On-demand pay allows people to buy groceries, pay bills, and cover life’s unexpected expenses with their own money.

man carrying two kids

OF MEMBERS

said EWA was essential to their
wellbeing during the pandemic.

OF MEMBERS

would consider missing
bill payments without EWA.

OF MEMBERS

said EWA was essential to their
wellbeing during the pandemic>

OF MEMBERS

would consider missing bill
payments without EWA.

OF MEMBERS

said EWA was essential to their
wellbeing during the pandemic>

OF MEMBERS

would consider missing bill
payments without EWA.

EarnIn is a financial technology company not a bank. Subject to your available earnings, Daily Max and Pay Period Max. EarnIn does not charge interest on Cash Outs. EarnIn does not charge hidden fees for use of its services. Restrictions and/or third party fees may apply. EarnIn services may not be available in all states. For more info visit earnin.com/TOS.

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