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FTC, LendingClub Should Settle False Ad Row, Judge Says

By Cara Bayles (September 13, 2018, 8:24 PM EDT) -- A California federal judge Thursday seemed unconvinced by LendingClub's bid to dismiss a Federal Trade Commission suit alleging it falsely promised consumers their loans come with "no hidden fees," but when she learned the online lender had stopped making that promise, she encouraged the parties to settle and avoid "an enormous waste of court resources."...

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