CFPB States Fintech’s Funding Difficulty ‘Misconstrues’ Regulation

.By Katryna Perera (September 18, 2024, 10:47 PM EDT)– The Individual Financial Protection Bureau told a California federal government court that its claim charging fintech creditor SoLo Finances Inc. of falsely promoting interest-free loans on its own systems should move on even with SoLo’s insurance claims that the company is operating along with an unlawful backing scheme, to name a few points … Law360 gets on it, therefore you are actually, also.A Law360 registration places you at the facility of fast-moving legal problems, trends and growths so you can show speed as well as confidence.

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