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August 17, 2020 03:56 pm GMT

Square gets into the loan sharking business with 65% APR short-term loans

If you are desperate for $20 and $200, that probably means you or your kids are hungry or need medication to stay alive. Your friends at Square are here to help. Square's peer-to-peer payment service, Cash App, is testing a new feature that offers loans between $20 and $200. You have four weeks to pay […]

Original Link: https://boingboing.net/2020/08/17/square-gets-into-the-loan-shar.html

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