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

Google-funded loan startup to pay for $6.3m for ‘deceptive’ methods
Specialists state the LendUp situation is significant for organizations within the growing online ‘fintech’ sector that claim to supply a far better alternative to pay day loans CFPB manager Richard Cordray stated LendUp ‘pitched it self as being a tech-savvy substitute for conventional pay day loans, nonetheless it didn't spend sufficient awareness of the consumer law...