This is important because Connecticut restricted Earned Wage Access and cut off access for me and countless others from being able to receive our paychecks early.

In late 2023, The Connecticut Department of Banking (DOB) released guidance to re-classify Earned Wage Access (EWA) products as loans, effective January 1, 2024. Thousands of Connecticut residents joined with EWA providers like EarnIn to ask the Connecticut Department of Banking for an extension of time to allow EWA providers to make changes to their products before the new rules and regulations went into effect. However, the Connecticut Department of Banking ignored those pleas, which left thousands of Connecticut residents without the ability to access to their wages beginning on January 1, 2024. This reclassification has caused significant hardship for countless workers who depend on EWA to manage their day-to-day expenses. EWA services are crucial because these services allow working people to access their earned wages when they need them most, without the high fees and interest associated with loans.

EWA services provide a vital financial lifeline that connects workers access to their earned wages before payday by helping them manage unexpected expenses and avoid costly payday loans. By restoring EWA services, we can support the financial well-being of many residents in Connecticut who rely on this service. We urge Connecticut legislators to reconsider this decision and work towards a solution that recognizes the unique nature of EWA products. Reinstating EWA services in Connecticut is essential for the financial well-being of many residents who rely on these services to stay afloat. Join us in calling on the Connecticut legislature to save EWA when the session begins. By signing this petition, you are supporting the rights of workers to access their earnings without unnecessary regulatory burdens.

Please sign this petition and help us to urge lawmakers to make the right choice to save and reinstate access to EWA services in our state.