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

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

TechCrunch Industry News · TechCrunch

November 8, 20244m 28s

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Show Notes

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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