Lendup Arrow Card Sign In

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Last Updated: May 11, 2021

LendUp. Sign In. The Better Way to Borrow. LendUp offers loans with clear terms, free education ...

lendup.com
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Lendup.com

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FAQs

1

What happened LendUp?

"We are shuttering the lending operations of this fintech for repeatedly lying and illegally cheating its customers," said CFPB Director Rohit Chopra. LendUp, which had attracted attention from prominent Silicon Valley investors, expects to complete a wind-down of its operations in early 2022, a spokesman told Reuters.
2

How much can you borrow from LendUp?

If you're a first-time applicant, you're eligible for a single payment loan. These loan amounts range from $100 to $300. LendUp also offers installment loans with amounts that range from $100 to $400.
3

Why is LendUp not doing loans anymore?

LendUp agreed to stop making loans to resolve a lawsuit filed by the bureau earlier in 2021. The lender was the subject of multiple enforcement actions from the CFPB over the years. The loans it offered were small — usually a few hundred dollars — with interest rates that reached as high as 1,250%.
4

Is LendUp a legit company?

LendUp Loan Review Highlights
Customer satisfaction: LendUp has an A+ rating from the Better Business Bureau but is not accredited. The Consumer Financial Protection Bureau has catalogued over 70 complaints about LendUp loans.

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Date Published: May 11, 2021

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