A Very Scary Cartoon Bear

It’s all tricks with a short-term loan from the Dave App

Andy Spears
2 min readOct 30, 2023
Email solicitation from the Dave App

Need to have a Halloween party or get a costume but you’re short on cash?

No worries!

A cartoon bear with stacks of cash is heading to the rescue.

The Dave App never seems to miss a chance to encourage users to take out an “extra cash” advance.

You know, go into debt just a little bit with an easy payback plan.

Of course, Dave earns millions each year with fees and “tips.”

In fact, they’ve even used gambling to try and get customers to take out more loans.

One story notes that between fees and tips, a loan from the Dave App can carry triple-digit interest rates.

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Andy Spears

Writer and policy advocate living in Nashville, TN —Public Policy Ph.D. — writes on education policy, consumer affairs, and more . . .