Regulatory Alerts2025-01-03
Added · Updated
Consent Order: Zions Debt Holdings, LLC
Zions Debt Holdings, LLC must cease acting as an unlicensed consumer collection agency in Connecticut and is prohibited from using deceptive representations or submitting false statements to regulators. The entity is required to pay a $20,000 civil penalty in two installments of $10,000 each, with the first due upon execution and the second by January 1, 2025, along with $800 in back licensing fees. This order resolves allegations that Zions operated without a license, violated consumer protection regulations, and provided misleading information during an investigation.
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