U.S. Consumer Bureau Orders Fintech Firm LendUp To Halt New Loans, Pay Fine

The U.S. Consumer Financial Protection Bureau (CFPB) said on Tuesday it ordered LendUp Loans to pay a $100,000 penalty, halt issuing new loans and stop collecting on certain outstanding ones after repeated deceptive marketing and other fairlending violations.

from Top Tech News- News18.com https://ift.tt/3mpFnym