MoneyLion and MoneyKey
Date: Sun, 05/14/2017 - 15:12
Okay. * MoneyKey is licensed
Okay.
* MoneyKey is licensed as a Credit Services Organization (CSO) and Credit Access Business (CAB) in the states Ohio and Texas, respectively.- I got this information from the official website of Moneykey. But this is equally true that they were penalized in 2015 for breaking Virginia’s consumer finance statutes. They were imposed a penalty of $4 million.
Check this:
http://www.oag.state.va.us/media-center/news-releases/671-december-18-2015-herring-announces-settlement-valued-at-4-million-with-online-lender