CFPB Mentions Fintech’s Funding Challenge ‘Misconstrues’ Rule

.By Katryna Perera (September 18, 2024, 10:47 PM EDT)– The Buyer Financial Security Agency informed a California government judge that its claim accusing fintech creditor SoLo Finances Inc. of incorrectly touting interest-free fundings on its platforms must continue despite SoLo’s claims that the agency is working with an illegal backing scheme, among other points … Law360 gets on it, therefore you are, too.A Law360 membership puts you at the facility of fast-moving legal issues, fads as well as advancements so you may act with rate and confidence.

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