Regulatory Alerts2026-03-31
Consent Agreement and Order Regarding BMG LoansAtWork, Inc.
The Pennsylvania Department of Banking and Securities issued a Consent Agreement and Order against BMG LoansAtWork, Inc. for violating the Consumer Discount Company Act by filing its 2025 Annual Report two days past the March 1, 2026 deadline. As part of the settlement, BMG agreed to pay a $20 fine and update its contact information within thirty days. The company waived its right to a hearing or appeal, and the Department reserved the right to pursue further enforcement actions for unresolved matters.
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