Financial Technology
LiftForward, Inc.Find BBB Accredited Businesses in Financial Technology.
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Government Actions
CA Dept. of Financial Protection and Innovation Enters into Consent Order with LiftForward, Inc.
The following describes a government action that has been resolved by either a settlement or a decision by a court or administrative agency. If the matter is being appealed, it will be noted below.
On December 8, 2023, the California Department of Financial Protection and Innovation (DFPI) announced that it had entered into a Consent Order with LiftForward, Inc. The Order settles earlier charges of failure to transition to Nationwide Multistate Licensing System and Registry (NMLS) as well as the revocation of company's CA Finance Lender license. LiftForward, Inc. will pay a $20,000 administrative penalty to DFPI.
The Commissioner found that Liftforward, Inc. complied with the terms of the December 2023 Consent Order. As of February 1, 2024, the Order Revoking California Financing Law license is hereby set aside retroactive to June 6, 2023.
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