Fintechs Beware! The CFPB is Monitoring You Closely
By EsqSocial Corporation 23/03/21
On March 18, Opportunity Financial, Inc. (OppFi) — a Chicago-based platform lender — announced that the Consumer Financial Protection Bureau (CFPB) is investigating its compliance with the Military Lending Act. The announcement — coupled with several others like it in recent months — confirms that the CFPB is closely monitoring fintechs....
By: Troutman Pepper