Google-funded loan startup to pay for $6.3m for ‘deceptive’ methods Professionals state the LendUp instance is significant for companies in the growing online ‘fintech’ sector that claim to provide an improved option to pay day loans CFPB manager Richard Cordray stated LendUp ‘pitched it self as being a tech-savvy replacement for conventional payday advances, however it would not spend sufficient focus on the consumer economic laws’. Photograph: REX/Shutterstock CFPB manager Richard Cordray stated LendUp ‘pitched it self as being a…