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Google-funded loan startup to pay for $6.3m for ‘deceptive’ techniques

Professionals state the LendUp instance is significant for companies within the growing online ‘fintech’ sector that claim to supply a far better option to payday advances CFPB manager Richard Cordray stated LendUp ‘pitched itself as a tech-savvy alternative to conventional payday advances, nonetheless it failed to pay enough awareness of the consumer economic laws’. Photograph: […]