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FTC Takes Action Against Online Cash Advance App Dave for Deceiving Consumers, Charging Undisclosed Fees
November 05, 2024
WASHINGTON, Nov. 5 -- The Federal Trade Commission issued the following news release:

The Federal Trade Commission is taking action against online cash advance app Dave for allegedly using misleading marketing to deceive consumers about the amount of its cash advances, charging consumers undisclosed fees, and charging so-called "tips" to consumers without their consent.

Dave describes the consumers it targets as being "financially vulnerable" or &quo . . .

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