cash advance app

FloatMe

Small-dollar advance subscription app.

BorrowerRisk8.4High concern

What it is

Small-dollar advance subscription app.

Cost structure

Subscription and express fees historically at issue

Main concerns and tradeoffs

FTC settlement addressed deceptive “free money” claims, unauthorized charges, cancellation problems, and discrimination allegations.

Evidence and verification

Classification and concerns are based on the primary source below. Product terms, availability, and company practices can change.

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