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Action required Illinois Department of Financial and Professional Regulation IL Sep 17, 2026

Illinois Unlicensed Debt-Relief Enforcement Action

Illinois announced enforcement against two companies operating without required licensing in the student loan debt relief space, ordering restitution to consumers.

Illinois announced enforcement against two companies operating without required licensing in the student loan debt relief space, ordering restitution to consumers.

What changed

The companies will face penalties for operating without proper licensing.

Compliance perspective

Organizations involved in debt relief must ensure compliance with state licensing requirements.

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  • Action Illinois Department of Financial and Professional Regulation IL Sep 17, 2026

    Illinois Unlicensed Debt-Relief Enforcement Action

    Illinois announced enforcement against two companies operating without required licensing in the student loan debt relief space, ordering restitution to consumers.

  • Action Massachusetts AG MA Sep 17, 2026

    Massachusetts AG Enforcement Action

    Massachusetts AG announced a consent judgment against Judgment Acquisitions Unlimited and Champion Funding, Inc. , imposing over $50 million in debt relief while barring them from operating as debt collectors in the state.

  • Watch CFPB Sep 17, 2026

    CFPB Consumer Financial Protection Update

    No new consumer finance rules or enforcement actions were found posted on the CFPB's official website during September 3-17, 2026.