Consumer Financial Protection Bureau Settles with LendUp Loans, LLC for Military Lending Act Violations

January 20, 2021

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The CFPB filed a proposed settlement to resolve its December 4, 2020 lawsuit against LendUp Loans, LLC (LendUp) alleging violations of the Military Lending Act (MLA), which is the Bureau’s broader sweep of investigations of multiple lenders that may be violating the MLA.

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