January 11, 2023
MoneyLion Technologies asked a New York federal judge Tuesday to toss the Consumer Financial Protection Bureau's allegations that it violated the Military Lending Act by gouging service-member borrowers, contending the "haphazard" suit fails to state a claim and that the agency itself is unconstitutional.
September 29, 2022
The Consumer Financial Protection Bureau sued MoneyLion Technologies Inc. in New York federal court on Thursday, alleging that the fintech company has overcharged military borrowers of its online loans and trapped consumers in paid memberships.