Fintech Lenders Facing New Scrutiny

Turns out, online lions and lending bears charge predatory interest rates

Andy Spears
3 min readJul 10, 2022

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Photo by MARIOLA GROBELSKA on Unsplash

The fintech industry — nonbank and neobank entities offering services (like short-term loans) that are similar to bank offerings — is facing new scrutiny.

This according to the latest report in Fintech Business Weekly:

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Andy Spears

Writer and policy advocate living in Nashville, TN —Public Policy Ph.D. — writes on education policy, consumer affairs, and more . . .