If you already know, you know. But if you don’t, we’re here to talk about why payday loans, salary loans, and small-dollar loans are the absolute worst. Eric brings on finance expert Miranda Marquit to talk about what makes them so awful (3 letters, A-P-R), and alternative means to go to before taking one out.

Payactiv is here to help prevent you from taking this last resort.

• Download the free Payactiv app* to find a job that offers earned wage access (EWA) so you can get part of your paycheck on-demand for less than $3.
• Save on everyday expenses and get control of your finances with the Payactiv digital wallet.
• Apply for the prepaid Payactiv Visa® Card** to set money aside for an emergency fund automatically.

*Standard message and data rates from your wireless service provider may apply.

**Subject to card activation and ID verification. The Payactiv Visa® Prepaid Card is issued by Central Bank of Kansas City, Member FDIC. Learn more.