Consumer Financial Protection Bureau fines BloomTech for false claims

02:02 18.04.2024
In an order today, the U.S. Consumer Financial Protection Bureau (CFPB) said that BloomTech, the for-profit coding bootcamp previously known as the Lamda School, deceived students about the cost of loans, made false claims about graduates’ hiring rates and engaged in illegal lending masked as “income sharing” agreements with high fees. The order marks the […] © 2024 TechCrunch. All rights reserved. For personal use only....
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