Top Senate Banking Dem Presses DoorDash On Biz Advances

By Emilie Ruscoe (May 24, 2024, 9:27 PM EDT) -- Food ordering and delivery platform DoorDash has come under fire from the chair of the U.S. Senate's banking committee over merchant cash advance products offered on its platform, with the lawmaker saying the typically high costs of such offerings bear "a troubling similarity to payday lending practices."...

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