If you got a loan from this company, you might have money coming your way
Back in April of 2018, the Federal Trade Commission sued the online lending marketplace LendingClub, asserting that the company was falsely promising loan applicants they could receive a specific loan amount along with an important qualifier. No additional hidden fees.
In reality, however, the federal agency filed suit against the company over the allegation that it actually deducted hundreds to thousands of dollars in "hidden up-front fees from the loans." What's more, the FTC's suit also alleged that LendingClub deducted money from customer bank accounts that the company was not authorized to take. And that the company told customers they were approved for loans when they weren't. Now, there's another important development to report as part of the culmination of the legal action against this lender.
The post If you got a loan from this company, you might have money coming your way appeared first on BGR.
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If you got a loan from this company, you might have money coming your way originally appeared on BGR.com on Tue, 25 Jan 2022 at 13:31:00 EDT. Please see our terms for use of feeds.