Behind the friendly interfaces and feel-good marketing of Earned Wage Access (EWA) cash advance apps lies a model disturbingly similar to old-school payday lending.
Distressed debt, in particular, has always been a test of perspective. While some see non-performing loans as a dead end, others recognize them as entry points into valuable assets.
The market is overflowing with capital, but much of it is chasing hype instead of strategy. For real estate and secondary mortgage investors, that noise can be costly.