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Home > CFPB > CFPB Sends Clear Message That FinTech Start-Ups have actually exact Same responsibilities as Established Companies
In a message that is clear FinTech start-ups, on September 27, 2016, the customer Financial Protection Bureau (CFPB) ordered online lender Flurish, Inc. to cover $1.83 million in refunds and a civil penalty of $1.8 million for failing continually to deliver the guaranteed great things about its services and products. Flurish, a bay area based business working as LendUp, provides little dollar loans https://www.cashnetusaapplynow.com/payday-loans-tx/bastrop/ through its site to customers in some states. Continue reading “CFPB Sends Clear Message That FinTech Begin Ups Have Actually Exact Exact Exact Same Responsibilities as Established Organizations”