FTC: Lending Club misled people about hidden fees

FTC: Lending Club misled people about hidden fees by Colleen Tressler Consumer Education Specialist, FTC If you need to borrow money to consolidate credit card debt, make home or auto repairs, or move across country, a personal loan can help cover your expenses. Most personal loans are unsecured, meaning they don't require collateral like a house or car, and typically have higher interest rates than secured loans. The FTC recently filed a lawsuit against Lending Club, a company offering personal loans online. Read more > This is a free service provided by the Federal Trade Commission.

 

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