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Recent negative account activity like multiple bounced checks or overdraft fees can make getting approved for a small dollar loan difficult. Small dollar loans are short-term, low-cost installment ...
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In 2016, LendUp raised $150 million to develop a credit card product in January, [9] then paid $6.3 million in fines for deceptive practices [10] and widespread violations of payday and installment loan laws in September. [11] [12] [13] In 2020, it was again sued by the Consumer Financial Protection Bureau for violating the Military Lending Act.
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LendKey was founded by Vince Passione in 2007 and was originally called Fynanz. [1] As Fynanz, the company operated as a peer-to-peer loan platform for student loans, and distinguished itself from other P2P lenders by guaranteeing loans, and by using new data sources to assess the creditworthiness of applicants. [2]
The LendEDU platform provides information about student loans, mortgages, personal loans, and various insurance products. The LendEDU platform enables consumers to compare lenders, rates, terms, and qualification requirements for financial products specific to the consumer's financial situation. For example, a borrower looking to refinance their student loans could compare le
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