CFPB begins taking complaints and issues consumer bulletin on marketplace lending

Scott M. Pearson The CFPB announced that it is now accepting consumer complaints about loans obtained through marketplace lenders and also issued a consumer bulletin directed at consumers who are shopping for such loans.  The CFPB’s press release contains the following description of a marketplace lender:  “A marketplace lender uses an online interface to connect consumers or businesses seeking... More >...(read more)

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