Without Earned Wage Access or the Emergency Wallet Employees would have full exposure to loan sharks as they would have no means of consolidating a portion or the entire debt amounts With only Earned Wage Access This amount is not...
What is Earned Wage Access Earned Wage Access is a means whereby employees can access a portion of the funds that they have already earned before payday Why we introduced Earned Wage Access Whilst 90% of the loans that Kaelo Money grants are multi-month, owing to...
Johnny Smith has worked 20 days in the month and has almost made it to payday, but his expenses are higher than his disposable income due to bad budgeting. He needs a loan to make it to payday and uses a loan shark as its his only available option, he borrows R500. At...
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