CFPB Orders LendUp to Pay-up $3.63 Million in Refunds & Penalties
The Consumer Financial Protection Bureau (CFPB) has ordered LendUp to pay approximately $1.83 million in refunds and pay a civil penalty of $1.8 million. The enforcement action was taken as the “online lender did not help consumers build credit or access cheaper loans” as the… Read More
Read more in: Crowdfunding Portals and Marketplaces, Politics | Tagged cfpb, enforcement, flourish, lendup, payday, richard cordray