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Consumer Financial Protection Bureau v. LendUp Loans, LLC
Case Number:
3:21-cv-06945
Court:
Nature of Suit:
Judge:
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Companies
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December 22, 2021
LendUp To Shutter Lending Program To Resolve CFPB Action
LendUp Loans has agreed to shutter its lending program to settle a Consumer Financial Protection Bureau lawsuit alleging deceptive marketing practices, according to documents filed in California federal court.
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September 09, 2021
CFPB Says LendUp Misled Customers Despite Consent Order
The Consumer Financial Protection Bureau hit LendUp Loans with a court action alleging the online lender used false promises to lure consumers into repeated borrowing, violating a 2016 consent order about deceptive marketing practices.