It's presented as "why wait until payday?"/"you shouldn't have to wait until payday to get paid" but I cannot believe that whatever Chime is just gives you money whenever

I'm guessing outrageous interest rates are involved.

I assume so. I think it's some kind of banking app, which also seems unwise

all payday loans are inherently predatory

yeah

they're just not calling it one (the ad just says "no one wants to wait, get your money when you want it") which seems worse