Back to BlogMore than 25% of Americans overdrafted in the last 12 months, and 10% of those overdrafted more than 8 times. Yet the vast majority of overdrafts happen on small purchases–like a recurring Netflix subscription or takeout. Dave.com, a Financial Solutions Lab winner from the class of 2017, offers a simple solution to this problem by notifying users of potential overdrafts before they happen, and it can provide an instant advance at 0% interest to prevent them from occurring. Here’s Dave co-founder Jason Wilk.
