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Here's how payday loan alternative LendUp messed up

This story was delivered to BI Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here. In another blow to the reputation of the US alt lending industry, LendUp is being forced to pay a total $6.3 million in fines, refunds, and settlements after it was found guilty of violating a number of laws between 2012 and 2014, TechCrunch and the Financial Times reports.
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