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A comment on Regulators Shut Down Lending Platform (YC Alum) LendUp. Parent comment
Go here: https://www.law.cornell.edu/uscode/text/15/1681c
Search on that page for "Exempted Cases"
All of the language about how long negative information can be shown on a credit report is exempted when the loan principle is $150K or greater.
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Go here: https://www.law.cornell.edu/uscode/text/15/1681c
Search on that page for "Exempted Cases"
All of the language about how long negative information can be shown on a credit report is exempted when the loan principle is $150K or greater.