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In January 2019, LendUp announced Anu Shultes as the new CEO and split its credit card operations into Mission Lane. [17] In December 2021, as a result of deceptive marketing and fair lending violations, LendUp was fined $100,000 by The U.S. Consumer Financial Protection Bureau.
Credit card programs frequently offer bonus points when transferring to specific partners. For example, you might see a 40% transfer bonus to Virgin Atlantic, meaning 50,000 credit card points are ...
This happens more often than you might think, often because the recipients of those offers messed up their credit between when they got put on the pre-approved list and when they actually apply ...
You might discover your credit score doesn’t fall in the range most credit card issuers want to see (cards for excellent credit, they want to see 720 or above; some issuers make offers to ...
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MCCs are assigned either by merchant type (e.g., one for hotels, one for office supply stores, etc.) or by merchant name (e.g., 3000 for United Airlines [1]) and is assigned to a merchant by a credit card company when the business first starts accepting that card as a form of payment. [2]
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