Episode Details
Back to EpisodesThe FTC comes after neobank Dave for misleading marketing, hidden fees
Published 1 year, 9 months ago
Description
The Federal Trade Commission (FTC) announced on Tuesday 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.
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