CFPB Points out Fintech’s Funding Challenge ‘Misconstrues’ Rule

.By Katryna Perera (September 18, 2024, 10:47 PM EDT)– The Buyer Financial Defense Bureau told a California government court that its own claim charging fintech loan provider SoLo Funds Inc. of incorrectly touting interest-free lendings on its platforms ought to continue even with SoLo’s cases that the company is actually working with a prohibited financing system, and many more things … Law360 is on it, therefore you are, too.A Law360 subscription puts you at the facility of fast-moving lawful concerns, patterns and developments so you can show rate and also assurance.

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