FTC Announces $15.8M Refund for Cash Advance App Users

• The Federal Trade Commission (FTC) is distributing $15.8 million to over 2 million users of a cash advance app.
• The FTC found that the app charged excessive fees and made it difficult for users to cancel subscriptions.
• Refunds are being sent directly to affected users' email accounts.
• The FTC's action follows an investigation into the app's business practices.
• Users are advised to check their email for the refund notification.