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Check your email: $15.8 million being sent to users of cash advance app, FTC says

Check your email: $15.8 million being sent to users of cash advance app, FTC says

Summary

The Federal Trade Commission (FTC) is sending $15.8 million to users of a cash advance app. Over 2 million payments are being made as part of this distribution.

Key Facts

  • The FTC is distributing $15.8 million to users of a specific cash advance app.
  • More than 2 million individual payments will be sent out.
  • The payments are likely refunds or compensation related to the app’s services.
  • The FTC is a U.S. government agency that protects consumers from unfair business practices.
  • Users of the app should check their email for payment details.
  • The cash advance app refers to a financial app that provides short-term loans or advances on money.
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