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Posted by on Oct 16, 2020 in | 0 comments

Fintech App Dave Fights Overdraft Costs and Payday Lenders

Dave, a brand new fintech software, could be the David towards the big banking institutions’ Goliath, fighting excessive overdraft charges by warning individuals they’re about to blow their spending plans as well as lending them $75 until their next paycheck.

A bespectacled bear, makes it possible to buy a tank of gas or groceries until next payday, founder Jason Wilk told TriplePundit with 4 out of 5 Americans living paycheck to paycheck, the cash advance from the Dave mascot.

Choices like pay day loans can drive individuals into further financial obligation, as 3p has
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