Consent Order Regarding I.Q. Data International, Inc.

IN THE MATTER OF:
I.Q. DATA INTERNATIONAL, INC. CONSENT ORDER
NMLS # 971181
(“I.Q. Data”)
WHEREAS, the Banking Commissioner (“Commissioner”) is charged with the administration of
Part XII of Chapter 669, Sections 36a-800 to 36a-814, inclusive, of the Connecticut General Statutes,
“Consumer Collection Agencies”, as amended, and the regulations promulgated thereunder, Sections 36a-809-6 to 36a-809-17, inclusive, of the Regulations of Connecticut State Agencies; WHEREAS, I.Q. Data is a Washington corporation with a main office at 21222 30th Drive SE, Suite C210, Bothell, Washington; WHEREAS, I.Q. Data has been licensed to act as a consumer collection agency in Connecticut since January 30, 2008; WHEREAS, between March 7, 2024, and July 29, 2024, the Commissioner, through the Consumer Credit Division of the Department of Banking, conducted an examination into the activities of I.Q. Data, pursuant to Section 36a-17 of the Connecticut General Statutes, to determine if it had violated, was violating or was about to violate the provisions of the Connecticut General Statutes and Regulations of Connecticut State Agencies within the jurisdiction of the Commissioner (“Examination”); WHEREAS, as a result of Examination, the Commissioner alleges that I.Q. Data (1) since May 2025 charged and collected interest from seventy-two (72) consumer debtors that was not expressly authorized by the agreement creating the debt or permitted by law in violation of Section 36a-809-12(1) of the Regulations of Connecticut State Agencies and (2) failed to timely respond to the Report of