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LendingClub Will Pay $18M To Settle FTC False Ad Suit

By Jon Hill (July 15, 2021, 4:57 PM EDT) -- LendingClub Corp. has agreed to pay $18 million for consumer remediation as part of a deal settling the Federal Trade Commission's lawsuit alleging the online lender misled consumers about its loan fees and approvals, according to papers filed in California federal court....

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