Online programs allow employer loan money to employee

United States
November 30, 2011 6:26pm CST
As you might all knew, going to payday loan can be risky, they can charge you interest rate up to 400%, and you can't imagine how hard to get out of this debt. Overall, to provide a comfy zone for employees who in need of money, and make them contribute the best to their works, there were online programs for those employers to make affordable loan to their employees. You can check it out those websites like symbiusFinancial.com, flexwage.com; and emergeworkplacesolutions.com. Those websites allow a prospective employers to loan money to their employees so, they won't trouble themselves to get into deep debt.
1 response
@varier (5685)
• Indonesia
1 Dec 11
By the way, what kind of affordable loans that these online programs offer? High loan? Low interest? And what make it better than any other offline programs? Well, online investment programs are full of scam. I have no idea about online loan program..
• United States
1 Dec 11
No, it wasn't an online loan program, it was just your employer can loan out some money to you, it is better than you borrow it from those loan shark like payday loan.
@varier (5685)
• Indonesia
1 Dec 11
Oh.. I see.. So it would connect the employers and employees? By the way, how's the system works? And how about the interest? Is it small?