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If you have money with PayPal venmo cash app wealthfront etc, you should know it may not be FDIC insured (even though they say it is). (www.youtube.com)
submitted 3 months ago by to c/personalfinance@lemmy.ml
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[–] 12 points 3 months ago

It's pretty insane that they can advertise as FDIC insured while not being insured. Pretty much erodes faith in that claim which is the opposite of why FDIC exists.

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