"The industry seems to be unable or unwilling to lend responsibly," she said. "If the biggest player purpose of taking personal loan the market has been found to have such a serious problem that now has to pay back millions of dollars to people that it has irresponsibly lent to, then I think it throws a serious question mark over the legitimacy and responsibility of the entire industry.
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If you cannot make a payment on time, you should contact your lender immediately and discuss how to handle late payments.
Firms accused of faking loans, draining bank accounts settle with feds | The Kansas City Star.
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