No Action Letter news and trends

CFPB Issues No-Action Letter To Upstart Network

September 15, 2017
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CFPB Issues No-Action Letter To Upstart Network

September 15, 2017
The Consumer Financial Protection Bureau issued a no-action letter to Upstart Network, the first of its kind since the government watchdog created the no-action letter program to encourage innovations that have consumers’ best interests in mind. In a letter to the Upstart Network, which is an online lending platform that uses non-traditional sources of consumer […]