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  • Los Angeles Times

    Need a loan? Forget the corner payday lender — your boss has you covered

    by James Rufus Koren, Los Angeles Times Aug 06, 2018 5 minutes

    Your employer might contribute to your retirement account or help pay for health insurance. But will it help you set up an emergency fund? Or offer you a loan of a few thousand dollars when your transmission breaks down?

    If you work for Comcast Corp., yes.

    The Philadelphia-based telecom and entertainment giant is rolling out those and other benefits to its more than 160,000 workers at NBC Universal and other subsidiaries through a new Comcast-backed benefits firm. It's the latest example of a big employer looking to involve itself in employees' financial lives by offering not just education and counseling but real money.

    Founded this year by Comcast's venture-capital arm, benefits firm Brightside announced last month that it would offer loans through San Diego firm Employee Loan Solutions. The loans of $1,000 to $2,000 will be available to most employees, do not

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