The FTC comes after neobank Dave for misleading marketing, hidden fees

  • Thread starter Thread starter Sarah Perez
  • Start date Start date
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Sarah Perez

The Federal Trade Commission (FTC) announced on Tuesday that it will be taking action against the online cash app and neobank Dave, which it says used “misleading marketing to deceive consumers.” At issue is how Dave marketed $500 cash advances to consumers that it rarely offered, and the “Express Fee” it charged if customers wanted […]

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