HIGHLINE AND ARGYLE PARTNER TO INCREASE CONSUMER ACCESS TO CREDIT, REDUCE RISK FOR LENDERS THROUGH PAYROLL-LINKED LENDING
To meet the needs of U.S. consumers who are normally shut out of affordable credit products, payments fintech Highline Technologies and employment data platform Argyle have partnered to bring payroll-linked lending and bill pay capabilities to lenders nationwide. Payroll-linked lending involves taking money out of a borrower’s paycheck on a regular basis to repay consumer debts. Consumers gain