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Installment loan provider LendUp, which targets clients underserved by the credit system

Has struck a milestone of $2 billion financed through the working platform. It’s delivered 6.5 million loans since its inception in 2012.

LendUp CEO Anu Shultes touts the platform’s ability to achieve a customer base that typically can’t access signature loans from big banking institutions. January the company confirmed its loan issuance milestone in late.

“Through our financing, training and cost cost savings programs, we’ve helped clients raise their credit pages by thousands and thousands of points cumulatively and stored them billions of bucks in interest and costs from a lot higher expense services and products, ” Shultes said in a declaration. “While there’s a whole lot more for people to achieve, this milestone is really a genuine testament to the effect that economic service providers like LendUp can and really should have. Continue Reading…