The U.S. Consumer Financial Protection Bureau (CFPB) announced that paycheck advances, also known as 'earned wage' advances, are subject to existing federal lending laws. This move aims to set federal guidelines for a rapidly growing market. The CFPB's proposed rule will require earned-wage access providers to count 'tips' and expediting fees as finance charges, significantly raising the advertised costs of payroll advances. The rule also mandates clear pricing disclosures for these consumer loans, ensuring that workers receive accurate information about the costs involved. The CFPB's actions, under the Truth in Lending Act, are designed to protect consumers and provide transparency in the paycheck advance market.