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MoneyLion, CFPB agree to settle Biden-era allegations of unfair charges on military personnel

Investing.com•Wednesday, October 15, 2025 at 8:01:30 PM
PositiveFinancial Markets
MoneyLion, CFPB agree to settle Biden-era allegations of unfair charges on military personnel
MoneyLion and the Consumer Financial Protection Bureau (CFPB) have reached a settlement regarding allegations of unfair charges imposed on military personnel during the Biden administration. This agreement is significant as it addresses concerns about financial practices that could harm service members, ensuring they are treated fairly and protecting their financial well-being. The settlement reflects a commitment to uphold consumer rights and reinforces the importance of accountability in financial services.
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