The parent company of consumer lender LendUp has been fined more than $6.3 million by the Consumer Financial Protection Bureau and the California Department of Business Oversight for overcharging borrowers and violating payday and installment lending laws.
from American Banker http://www.americanbanker.com/news/marketplace-lending/lendup-fined-63-million-for-overcharging-misleading-borrowers-1091617-1.html
No comments:
Post a Comment