On October 30, 2026, the Connecticut Department of Banking issued Bulletin 3271 regarding extensive consumer collection violations by a debt collection firm. Violations included actions through an unlicensed branch in Texas and multiple regulatory failures.
What changed
The department identified and is commencing action against a firm for numerous regulatory infractions.
Compliance perspective
Companies must ensure proper licensing and compliance with state regulations to avoid penalties.
Need help keeping up with these changes?
Tell us where you operate and what licenses you hold; we'll handle the filings and renewals so changes like this do not catch you off guard.