Gig Workers And The $178B Pay Advance Potential

Unlike the typical worker in the 9 to 5 cycle, gig workers often find themselves living paycheck to paycheck, because they must complete a work assignment before they can collect their earnings. The uncertainty over when (or if) a paycheck will arrive can leave many gig workers with a sense of financial anxiety over their ability to pay their bills or buy essentials like gas that could impact whether they can take on additional gigs.

While the practice of pay advances has been employed among certain skilled professions, used to retain workers in the architectural, engineering and legal professions, a growing share of non-skilled gig professions are increasingly becoming interested in using them as well.

Gig workers are now beginning to get t