LendUp is a financial technology company that offers online loans to individuals who are underserved by traditional banking systems. They aim to provide a more accessible and transparent lending experience for borrowers, especially those with low credit scores. LendUp's platform evaluates borrowers' creditworthiness based on alternative data sources, enabling them to offer loans with more flexible terms and lower interest rates compared to traditional payday lenders. Through their mobile app and website, customers can apply for short-term loans, build credit, and access educational resources to improve financial literacy. LendUp's ultimate goal is to empower financially vulnerable individuals and help them establish a path towards long-term financial stability. Below is the list of lookalike companies of LendUp:
LendUp, a direct lender for online personal loans (also known as payday loan alternative or cash advance loans), ceased its loan operations in January 2022.
Why did LendUp shut down?
In December, the CFPB ordered LendUp, a fintech primarily known for its earned wage access product, to cease lending operations after allegedly misleading and deceiving customers.Aug 1, 2022
What is the new name for LendUp?
Mission Lane
Where is LendUp from?
About LendUp The services offered include short-term loans, online loans, credit cards, cash advances, and more. LendUp was formerly known as Flurish. The company was founded in 2012 and is based in Oakland, California.
We look into multiple data points: CPP ads data, company description, company employee experience and skills. We also use AI to summarize and extract keywords from the home page of LendUp and compare that with other companies.
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