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CT Banking Department Issues Cease and Desist Order for Lending

Connecticut Department of Banking issued a temporary cease and desist order directing a peer-to-peer lending platform that connected borrowers with third-party lenders to cease its lending-related activities on grounds that operating as an unlicensed small loan company. ....

United States , Connecticut Department Of Banking , Connecticut Department , Connecticut Department Of Banking , Fintech Company , Consumer Protection Laws , Small Loan Company , Loan Disclosures ,

Connecticut Issues Cease and Desist Against Lead Generator | Troutman Pepper

On May 4, the Connecticut Banking Commissioner issued a temporary order to cease and desist and order to make restitution against lead generator SoLo Funds Inc. (SoLo) for allegedly. ....

United States , Solo Funds Inc , Connecticut Banking Commissioner , Solo Funds , Consumer Financial Protection Act , Lender Tip , Solo Tip , Loan Disclosures ,