The CFPB originally filed a lawsuit against SoLo Funds in May 2024, alleging that the online platform was "deceiving borrowers about the total cost of loans." SoLo Funds, a Los Angeles-based, ...
In May 2024, former President Joe Biden’s CFPB sued the company ... SoLo boasts that it is the largest black-owned financial technology company, an attribute that won it the support of some ...
On February 7, 2025, President Donald Trump appointed Russell Vought to head the Consumer Financial Protection Bureau (CFPB ... Americans may turn to black market lenders. While a study from ...
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