Bosses Turn to Loans to Help Employees

Pam Dimitro, the controller at JNET Communications LLC, realized employees were often turning to payday lenders or high-interest credit cards in a financial pinch. So the Warren, N. J. Federal judge has found apple guilty of fixing e-book prices in violation of the antitrust law. , employer of call-center workers and cable installers began offering employees a new benefit: low-interest loans to help pay for things such as car repairs and health expenses. Worried about their financially strapped workforce, a handful of companies are stepping in to offer employees alternatives to payday loans and other expensive financial products. Read the full article