 those services often come with a fee, so they're providing a loan and therefore subject to the Truth in Lending Act. If enacted, a rule proposed by the agency would provide clarity to a fast-growing industry known as the earned wage access that's been compared to payday loans. The agency wants borrowers to be able to easily compare products and prevent, quote, race to the bottom business practices. Earned wage access apps have been around for more than a decade, but they gained popularity since the COVID pandemic. Amy Morris, Bloomberg Radio.