Bulletin 3192 - April 25, 2025

State of Connecticut
Department of Banking

The Department of Banking News Bulletin

Bulletin # 3192 - Week Ending April 25, 2025

This Bulletin constitutes the only official notification you will receive from this office concerning any of the following applications. Any observations you may have are solicited. Any comments should be directed to Jorge L. Perez, Banking Commissioner. Written comments will be considered only if they are received within ten business days from the date of this bulletin.

CONSUMER CREDIT DIVISION ACTIVITY

Healthcare Finance Direct, LLC

On April 10, 2025, the Commissioner issued a
Temporary Order to Cease and Desist, Notice of Intent to Issue Order to Cease and Desist, Notice of Intent to Impose Civil Penalty and Notice of Right to Hearing , (“Order and Notice”), in the matter of Healthcare Finance Direct, LLC (NMLS # 2529645), (“Respondent”), Bakersfield, California. The Order and Notice was the result of an investigation by the Consumer Credit Division. The Commissioner alleges in the Order and Notice that Respondent engaged in small loan activity by receiving payments of principal and interest in connection with small loans made to Connecticut borrowers without the required license in violation of Section 36a 556(a)(4) of the Connecticut General Statutes, in effect at such time, and failed to provide information requested during the Consumer Credit Division’s investigation in violation of Section 36a-17(e) of the Connecticut General Statutes.

The Commissioner found that the public welfare required immediate action to issue a Temporary Order to Cease and Desist against Respondent. Respondent was afforded an opportunity to request a hearing with regard to the allegations set forth in the Order and Notice.

Lovely’s Boutique &Beauty LLC d/b/a Lovely’s Boutique & Beauty and Nasshon Thompson

On April 14, 2025, the Commissioner issued a
Notice of Intent to Issue Order to Cease and Desist, Notice of Intent to Impose Civil Penalty and Notice of Right to Hearin g in the matter of Lovely’s Boutique &Beauty LLC d/b/a Lovely’s Boutique & Beauty (NMLS # 1114549581), (“Lovely”), Bridgeport, Connecticut and Nasshon Thompson (“Thompson”) (collectively, “Respondents”). The Notice was the result of an investigation by the Consumer Credit Division.

The Commissioner alleges in the Notice that Lovely failed to: (1) hold the proceeds of a sale or delivery of a licensee’s money transmissions in this state in trust for the benefit of such licensee in violation of Section 36a 607(a)(3) of the Connecticut General Statutes and (2) remit all money owing to the licensee in accordance with the terms of the contract between the licensee and the authorized delegate in violation of Section 36a-607(a)(6) of the Connecticut General Statutes. Additionally, the Commissioner alleges in the Notice that Thompson, as the manager and owner of Lovely and the individual responsible for the failure of Lovely to remit funds to the licensee, was the cause of Lovely’s violation of Sections 36a-607(a)(3) and 36a-607(a)(6) of the Connecticut General Statutes due to acts or omissions Thompson knew or should have known would contribute to such violations pursuant to Section 36a-608(c)(2) of the Connecticut General Statutes

Respondents were afforded an opportunity to request a hearing with regard to the allegations set forth in the Notice.

EnFin Corp. d/b/a ENFIN SOLAR CORP.

On April 23, 2025, the Commissioner entered into a Consent Order with EnFin Corp. d/b/a ENFIN SOLAR CORP.
(NMLS # 2293461) (“EnFin”), Irvine, California. The Consent Order was based on an investigation by the Consumer Credit Division. As a result of such investigation, the Commissioner alleged that, from September 2023 to the present, EnFin engaged in the business of a sales finance company in Connecticut without a license, by acquiring retail installment contracts or installment loan contracts or by receiving payments of principal and interest from a retail buyer under a retail installment contract or installment loan contract, in violation of Section 36a-536 of the Connecticut General Statutes. As part of the Consent Order, EnFin paid $10,000 as a civil penalty and $400 as back licensing fees.

Dated: Tuesday, April 29, 2025

Jorge L. Perez
Banking Commissioner