The Federal Trade Commission announced it has initiated the distribution of $15.8 million in refunds to customers of a cash advance application. According to the agency, more than 2 million individual payments are being processed and sent to affected users.
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I wonder how many of these two million people will actually claim the refund. Most probably don’t even know it’s available.
Finally some justice for these consumers. It’s about time big tech pays up for deceptive lending practices like this.