Transworld Systems, Inc.
On September 18, 2017, the Bureau issued a consent order against Transworld Systems (TSI), the debt collector for several National Collegiate Student Loan...
Enforcement actions
When we take an enforcement action against an entity or person we believe has violated the law, we will post court documents and other related materials here.
The Bureau may enforce the law by filing an action in federal district court or by initiating an administrative adjudication proceeding. Administrative proceedings are conducted by an Administrative Law Judge, who holds hearings and issues a recommended decision. Proceedings are conducted in accordance with the Rules of Practice for Adjudication Proceedings .
Golden Valley Lending, Inc., Silver Cloud Financial, Inc., Mountain Summit Financial, Inc., and Majestic Lake Financial, Inc.
The Bureau today took action against four online lenders – Golden Valley Lending, Inc., Silver Cloud Financial, Inc., Mountain Summit Financial, Inc., and...
Security National Automotive Acceptance Company, LLC
The Bureau today took action against Security National Automotive Acceptance Company (SNAAC), an auto lender specializing in loans to servicemembers, for...
Ocwen Financial Corporation; Ocwen Mortgage Servicing, Inc.; and Ocwen Loan Servicing, LLC
On April 20, 2017, the Bureau filed a complaint against mortgage loan servicer Ocwen Financial Corporation and its subsidiaries.
Weltman, Weinberg & Reis Co., L.P.A.
The Bureau filed a lawsuit in a federal district court against the debt collection law firm Weltman, Weinberg & Reis for falsely representing in millions of...
Navient Corporation, Navient Solutions, Inc. and Pioneer Credit Recovery, Inc.
The CFPB is suing Navient Corporation and its affiliates, Navient Solutions, Inc. and Pioneer Credit Recovery, Inc., for...
Works & Lentz, Inc.; Works & Lentz of Tulsa, Inc., and Harry A. Lentz, Jr.
The CFPB is taking action against two medical debt collection law firms and their president for falsely representing that...
Moneytree, Inc.
The CFPB took action against Moneytree, Inc., a financial-services company that offers payday loans and check-cashing services, for misleading consumers...
Northern Resolution Group, LLC, Douglas MacKinnon, Mark Gray, Enhanced Acquisitions, LLC, and Delray Capital, LLC,
Today the Bureau, in partnership with the New York Attorney General, filed a lawsuit in a federal district court against the leaders of a massive debt...
Navy Federal Credit Union
The CFPB took action against Navy Federal Credit Union for making false threats about debt collection to its members, which include active-duty military...
TMX Finance LLC
On September 26, 2016, the Bureau took action against TitleMax parent company TMX Finance LLC, a specialty finance company that originates and services...
Pressler & Pressler, LLP, Sheldon H. Pressler, and Gerard J. Felt
The Bureau ordered the debt collection law firm Pressler & Pressler, LLP, two principal partners, and New Century Financial Services, Inc., a debt buyer, to...
New Century Financial Services, Inc.
The Bureau ordered the debt collection law firm Pressler & Pressler, LLP, two principal partners, and New Century Financial Services, Inc., a debt buyer, to...
Citibank, N.A., Department Stores National Bank, and CitiFinancial Servicing, LLC
The Bureau took two separate actions against Citibank for illegal debt sales and debt collection practices. This action is against both Citibank and two...
Faloni & Associates, LLC
The Bureau took two separate actions against Citibank for illegal debt sales and debt collection practices. This action is against both Citibank and two...
Solomon & Solomon, P.C.
The Bureau took two separate actions against Citibank for illegal debt sales and debt collection practices. This action is against both Citibank and two...
Citibank, N.A.
The Bureau took two separate actions against Citibank for illegal debt sales and debt collection practices. In this action, the CFPB ordered Citibank to...
D and D Marketing, Inc., d/b/a T3Leads, Grigor Demirchyan, and Marina Demirchyan
CFPB took separate actions against T3Leads and individuals that resold sensitive personal data to lenders and debt collectors, allegedly exposing millions...
Eric V. Sancho d/b/a Lead Publisher
CFPB took action against Eric V. Sancho, who operated a company called Lead Publisher that sold leads to fraudulent debt collectors without regard for how...
EZCORP, Inc.,Texas EZPAWN, L.P.,Texas EZMONEY, L.P. et al.
CFPB took action against EZCORP, Inc., a small-dollar lender, for illegal debt collection practices.
Collecto, Inc. d/b/a EOS CCA
CFPB filed a federal complaint against EOS CCA (EOS), a Massachusetts debt collection firm, for reporting and collecting on old cellphone debt that...
Security National Automotive Acceptance Company, LLC.
CFPB filed a lawsuit against an auto loan company, Security National Automotive Acceptance Company, for aggressive debt collection tactics against...
Westlake Services, LLC, d/b/a Westlake Financial Services. LLC, and Wilshire Consumer Credit, LLC, d/b/a as Wilshire Commercial Capital, LLC
CFPB took action against an indirect auto finance company and its auto title lending subsidiary for pressuring borrowers using illegal debt collection tactics.
Portfolio Recovery Associates, LLC
On September 9, 2015, the Bureau issued an order against Portfolio Recovery Associates (PRA), one of the two largest debt buyers in the country.
Encore Capital Group, Inc., Midland Funding, LLC, Midland Credit Management, Inc. and Asset Acceptance Capital Corp.,
CFPB took action against Encore Capital Group for using deceptive tactics to collect bad debts.