CFPB Cracks Down On LendUp For ‘Lying And Illegally Cheating Customers’
National Mortgage Professional, Dec. 22, 2021–Navi Persaud
The Consumer Financial Protection Bureau forced VC-backed fintech lender, LendUp, to halt making any new loans and collection on certain outstanding loans, as well as to pay a penalty to resolve a lawsuit.
https://nationalmortgageprofessional.com/news/cfpb-cracks-down-lendup-lying-and-illegally-cheating-customers