Consumer Financial Protection Bureau fines BloomTech for false claims

TechCrunch
By Kyle WiggersApr 17, 2024, 7:02 pm93 pts
The U.S. Consumer Financial Protection Bureau (CFPB) said in an order on Tuesday that BloomTech, the for-profit coding bootcamp previously known as the Lambda School, deceived students about the cost of loans, made false claims about graduates’ hiring rates, and engaged in illegal lending masked as “income…

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