Figure Lending accused of "bait and switch" tactics in suit
The proposed class action suit claims the fintech lender purposefully pushed customers applying for HELOC loans into higher rates, or misrepresented rates at the beginning.
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The proposed class action suit claims the fintech lender purposefully pushed customers applying for HELOC loans into higher rates, or misrepresented rates at the beginning.
Figure Technology Solutions, the parent company of Figure Lending LLC, named Michael Tannenbaum as its new CEO.
Figure Technology Solutions has named Michael Tannenbaum as CEO and a member of the board of directors, effectively immediately.
The first partner to sign onto the new initiative is Synergy One Lending, according to an announcement from Figure.
Figure Technology Solutions took another step this week to become a public company by filing a key form with the SEC.