Short answer: A non-loan way to access already-earned wages early, regulated under a 2020 CFPB advisory opinion.
Earned wage access (EWA) is a financial product that lets a worker receive wages they have already earned but not yet been paid, with no APR, no credit check, and no impact on their credit score. EWA sits outside the Truth in Lending Act under the CFPB's 2020 advisory opinion.