The Consumer Financial Protection Bureau is accusing the online lender LendUp of violating a five-year-old consent order and deceiving thousands of borrowers about the cost of its installment loans.
It's a major downfall for the Silicon Valley-backed lender, which had billed itself as an alternative to traditional payday lenders by offering to bring down borrowers’ interest rates on future loans ...
NEW YORK (Reuters) - PayPal Holdings Inc has invested in LendUp, a San Francisco-based startup that offers loans online to consumers who have been traditionally overlooked by banks because they are ...
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 ...
If you've gotten a loan from LendUp, you might be entitled to a refund. Today, the San Francisco-based online lender Flurish, Inc., doing business as LendUp, was ordered to pay $3.6 million in refunds ...
OAKLAND, Calif.--(BUSINESS WIRE)--LendUp, the company whose goal is to make financial health a reality for all, announced today it has issued over $2 billion in consumer financing through its digital ...
Late last month, LendUp, an online lender that aims to provide quality credit to the financially underprivileged, announced it had secured a strategic investment from PayPal (NASDAQ: PYPL). The press ...
SAN FRANCISCO (CBS SF) -- A San Francisco startup with millions in venture capital funding - hailed by many as an alternative to abusive payday lending - has agreed to pay millions in redress for ...
Gizelle Barany has been named the chief legal officer and secretary and Chris Lewis will be the chief risk and compliance officer, both replacing Pia Thompson, who was the general counsel, chief risk ...