CFPB Reassures Fintechs with ‘No-Action’ Letter for Upstart Network

Online lending service #Upstart #Network has received a “no-action” #letter from the Consumer Financial Protection Bureau, the first such letter to be issued by the regulator, the #CFPB announced yesterday. Upstart Network requested the “no-action” letter. Companies can apply for a no-action letter from the CFPB if they are launching a new financial product. The […]
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