CFPB Takes Action Against Fintech Company GreenSky for Enabling Merchants to Secure Loans for Consumers Without Their Authorization

July 13, 2021

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The CFPB issued a Consent Order against a fintech company or enabling contractors and other merchants to take out loans on behalf of thousands of consumers who did not request or authorize them in violation of the Consumer Financial Protection Act of 2010 (CFPA).

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