Connecticut's Department of Banking published Bulletin 3267, announcing enforcement actions against two entities for unlicensed debt-collection activities. The orders reflect active state oversight of licensed collection agency practices.
What changed
Complete Credit Solutions, Inc. was issued a Consent Order for working without a license, while Parking Revenue Recovery Service, Inc. received a cease and desist and penalties.
Compliance perspective
Agencies must ensure compliance with licensing laws to avoid penalties.
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