Kansas has joined Missouri, Nevada, and Wisconsin in regulating earned wage access services, under a bill that will go into effect on July 1.
Earned wage access services allow consumers to access proceeds, or their earned but unpaid income, before their regularly scheduled payday, under HB 2560. The bill defines consumers as Kansas residents, which may be based on the mailing address they use when signing up for earned wage access services.
Gov. Laura Kelly (D) signed HB 2560 into law on April 19.
Registration
Providers must generally register with the Kansas Office of the State Bank Commissioner before ...
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