The Consumer Financial Protection Bureau says that revenues to financial institutions in the U.S. from overdrafts consumers made from their demand deposit accounts (DDA), commonly known as checking accounts, totaled $17 billion in 2016. The typical overdraft triggered a $35 charge to the consumer. Overdraft fees particularly plague people who are 18 to 34 years old. Float is a start-up that sees an opportunity to offer open-ended credit lines that range from $50 to $1,000 to help consumers, particularly the 83 million millennials (25 to 34 years old) facing cash flow problems that trigger o...