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CFPB sales Lend Up to Pay-up $3.63 Million in Refunds & Penalties

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The customer Financial Protection Bureau (CFPB) has ordered LendUp to pay for roughly $1.83 million in refunds and spend a civil penalty of $1.8 million. The enforcement action had been taken while the “online lender failed to assist customers build credit or access cheaper loans” since the ongoing company claimed. The refunds had been thought to influence over 50,000 customers that are lendUp. The action had been taken simultaneously while the California Department of company Oversight evaluated money with LendUp of $2.7 million. The Ca action found an overall total of 385,050 specific violations of two laws and regulations. Your home page of LendUp states today; “Join the hundreds of […]