FTC turns to courts as online lending probe intensifies

( January 19, 2017) -- The Federal Trade Commission continues to take interest in tech companies that have sprung up on the margins of consumer lending, a recent court action against a California-based provider of online loan-related services shows. The case, filed without fanfare last month against IT Media, follows repeated statements from the commission's leadership emphasizing that they are focused on the use — and abuse — of sensitive consumer data by data brokers and others....

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