CFPB instructions LendUp to cover $3.63 Million for failing woefully to Deliver guaranteed Advantages

CFPB instructions LendUp to cover $3.63 Million for failing woefully to Deliver guaranteed Advantages

On the web Lender Failed To Assist Consumers Develop Credit or Access Economical Loans, Because It Claimed

WASHINGTON, D.C. – Today the customer Financial Protection Bureau (CFPB) took action against on line loan provider Flurish, Inc., conducting business as LendUp, for neglecting to deliver the guaranteed great things about its services and products. The CFPB unearthed that the organization failed to provide customers the chance to build credit and offer use of cheaper loans, since it reported to consumers it could. […]