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Fintech Lender Agrees To Stop Soliciting 'Tips,' 'Donations'

By Sarah Jarvis (May 18, 2023, 9:10 PM EDT) -- Fintech lender SoLo Funds Inc. has agreed to make changes to its small loan operations in order to operate in California, Connecticut and the District of Columbia, after officials alleged the financial service provider coerced borrowers into paying interest charges disguised as tips and donations....

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