On December 21, 2021, the CFPB announced that LendUp Loans, an online lender with heavy venture capital backing, has agreed to halt making any new loans and collecting on certain outstanding loans in order to resolve a September 2021 lawsuit. The lawsuit alleges that LendUp continued to engage in illegal and deceptive marketing despite a 2016 consent order.
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Arlington, Va. -- Convoke, a leader in SaaS solutions for the debt collection market, is pleased to announce the completion of another successful year for the company. Despite the challenges created by the COVID-19 pandemic, Convoke has still outperformed and has achieved continued company growth and product development.
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Champlin, Minn. -- Despite the ongoing pandemic, Summit A*R, a national revenue cycle management company in Minnesota, was able to spread some extra holiday cheer this year. As part of their annual community outreach, their staff and families chose residents of a local veterans’ home to be the recipients of some well-deserved gifts and Christmas joy.
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