Camb LB

Main Menu

  • Home
  • Cash advance
  • Online loans
  • Payday advance
  • Installment loans
  • Direct Lenders

Camb LB

Header Banner

Camb LB

  • Home
  • Cash advance
  • Online loans
  • Payday advance
  • Installment loans
  • Direct Lenders
Cash advance
Home›Cash advance›DoorDash extends cash advance program to Dashers themselves

DoorDash extends cash advance program to Dashers themselves

By Timothy M. Bernard
July 22, 2022
0
0



Ffirst it was the restaurants. Now it’s the Dashers. DoorDash recently launched a limited trial of a new program, from cash advances to delivery people. It’s a bit selfless, though, because it’s technically a 30-day interest-free loan with no fees.

According to the website, loans are repaid either by a percentage of Dasher’s future earnings or by placing a debit card on file. Loan amounts are determined by a Dasher’s income history. Credit is not a factor.

“Dashers who receive email or see in-app details about this pilot are qualified to participate in this pilot,” the site says. Online preliminary reviews by Dashers who have supposedly tried it claim loan amounts as low as $50.

Eligibility is discoverable through the app. “Check your Dasher app to request a cash advance,” the site says. “Select the amount of money you want and choose your repayment method.” Payments begin 7 days after funding.

DoorDash launched its other program, its merchant cash advance program through DoorDash Capital, late last year.

Last modification : July 21, 2022









Category: merchant cash advance


    Related posts:

    1. European FinTech iwoca Introduces Cash Advance Product on Funding Xchange to Small Business Online Sellers
    2. SEC charges 2 companies Floridian into merchant cash advance Ponzi scheme
    3. What are the alternatives to a payday cash advance?
    4. Merchant cash advance litigation is getting wilder – Litigation, mediation and arbitration

    Categories

    • Cash advance
    • Direct Lenders
    • Installment loans
    • Online loans
    • Payday advance

    Recent Posts

    • Compass offers salary advance and grants for UK staff in dire straits
    • As recession rages, Tesco offers pay advance to UK staff
    • Police arrest scammer entangling hundreds of IPB students in online loans
    • Is a payday advance from a bank better than a personal loan?
    • Cash advance apps that don’t use Plaid

    Archives

    • November 2022
    • October 2022
    • September 2022
    • August 2022
    • July 2022
    • June 2022
    • May 2022
    • April 2022
    • March 2022
    • February 2022
    • January 2022
    • December 2021
    • November 2021
    • October 2021
    • September 2021
    • August 2021
    • July 2021
    • June 2021
    • May 2021
    • April 2021
    • March 2021
    • February 2021
    • January 2021
    • December 2020
    • November 2020
    • October 2020
    • August 2020
    • July 2020
    • June 2020
    • May 2020
    • April 2020
    • March 2020
    • January 2020
    • December 2019
    • November 2019
    • October 2019
    • September 2019
    • August 2019
    • July 2019
    • June 2019
    • May 2019
    • March 2019
    • February 2019
    • December 2018
    • October 2018
    • July 2018
    • March 2018
    • February 2018
    • May 2017
    • March 2017
    • February 2017
    • August 2016
    • July 2016
    • May 2016
    • August 2015
    • February 2015
    • May 2013
    • Privacy Policy
    • Terms and Conditions