Skip to main content
Last Updated
Case Status
Pending
FEDERAL TRADE COMMISSION, Plaintiff v. DAVE, INC., a Delaware corporation, Defendant.
FTC Matter/File Number
232 3014
Civil Action Number
2:24-cv-09566
Enforcement Type
Federal Injunctions
Federal Court
Central District of California

Case Summary

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 “financially coping,” including those whose spending exceeds their income, who have minimal savings, and who overdraft their bank accounts frequently.

Dave’s advertising is dominated by claims that consumers can receive “up to $500” by using Dave, and that they can do so “instantly.” According to the FTC’s complaint, though, Dave’s service failed to live up to its promises.