Arizona AG Concludes Non-Recourse, No-Interest Earned Wage Access Products Are Not “Consumer Lender Loans” Requiring a License
Troutman Sanders
JANUARY 20, 2023
22-(R22-011) , concluding earned wage access (EWA) products that are fully non-recourse and no-interest are not “consumer lender loans” under Arizona law. A consumer lender license is required to engage in lending in Arizona. Arizona Attorney General Mark Brnovich released opinion No.
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