Consent Agreement and Order: Commonwealth of Pennsylvania Department of Banking and Securities v. Lvble Inc.

Docusign Envelope ID: CC1A57AC-D5DD-4ECA-BC9E-90AC6A640C57

FILED
2026 APRIL 7 AM 10:09
PA DEPARTMENT OF
BANKING AND SECURITIES

# COMMONWEALTH OF PENNSYLVANIA
## DEPARTMENT OF BANKING AND SECURITIES

COMMONWEALTH OF PENNSYLVANIA :
DEPARTMENT OF BANKING AND
SECURITIES, COMPLIANCE OFFICE : 
v. :
LVBLE INC. :

DOCKET NO. 260012 (BNK-CAO)

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## CONSENT AGREEMENT AND ORDER

The Commonwealth of Pennsylvania, acting through the Department of Banking and Securities (“Department”), Compliance Office (“Office”), believes that Lvble Inc. (“Lvble”) violated the Consumer Discount Company Act (“CDCA”), 7 P.S. § 6201 *et seq*. The parties to the above captioned matter, in lieu of litigation, hereby stipulate that the following statements are true and correct in the settlement of the above-captioned matter, and intending to be legally bound, hereby agree to the terms of this Consent Agreement and Order (“Order”).

## BACKGROUND

1. The Department is the Commonwealth of Pennsylvania’s administrative agency authorized and empowered to administer and enforce the CDCA.

2. The Office is primarily responsible for administering and enforcing the CDCA for the Department.

3. Lvble is currently licensed by the Department as a Consumer Discount Company, license no. 114901.

4. Lvble maintains its principal place of business at Redacted .

5. Section 10 of the CDCA, 7 P.S. § 6210 imposes certain requirements on consumer discount company licensees like Lvble.

6. Section 10 provides in relevant part: “Licensees operating under the provisions of this act shall

annually, on or before the first day of March, file a report with the Secretary of Banking, giving such relevant information concerning the business and operations during the previous calendar year as the Secretary of Banking may require.” 7 P.S. § 6210.

7. The Department, acting pursuant to its authority under Section 10 of the CDCA, 7 P.S. § 6210, requires each consumer discount company licensee to complete and file an Annual Report for the previous calendar year through a self-service web-based system (the “Portal”) by March 1 of the current year.

8. Lvble failed to file a completed Annual Report for the calendar year of 2025 by the deadline of March 1, 2026, by filing the Annual Report ten days after the deadline on March 11, 2026.

## Authority of the Department

9. Section 10 of the CDCA provides in relevant part: “For failure to file such reports within the time specified, the licensee shall pay to the Secretary of Banking a penalty of ten dollars ($10) for each calendar day which such report is overdue…” 7 P.S. § 6210.

10. In addition, Section 202.D of the Department of Banking and Securities Code provides: “The department may issue orders, statements of policy and interpretive letters necessary and appropriate to administer this act or any other statute within the department’s jurisdiction to administer or enforce.” 71 P.S. § 733-202.D.

## VIOLATION

11. Lvble violated the CDCA at 7 P.S. § 6210, by filing an Annual Report concerning its business and operations for calendar year 2025 ten days after the March 1, 2026, deadline.

## RELIEF

12. **Fine**. Lvble agrees to pay a fine of one hundred dollars ($100). The fine is due within thirty (30) days of the Effective Date of the Order. Payment shall be made through the Department’s secure portal https://www.portal.dobs.pa.gov.

13. **Failure to Pay**. Failure to pay the fine within 30 days may result in additional enforcement action, including, but not limited to, the suspension, revocation or refusal to renew Lvble license.

14. **Contact Information**. Lvble shall within 30 days of the date of this Order, update all portal information including but not limited to email addresses, mobile or work telephone numbers, other electronic addresses or contact information in addition to ordinary mailing addresses and shall ensure that such information remains updated on a going forward basis.

## FURTHER PROVISIONS

15. **Consent**. Lvble hereby knowingly, willingly, voluntarily and irrevocably consents to the entry of this Order pursuant to the Department’s order authority under the CDCA and agrees that it understands all of the terms and conditions contained herein. Lvble, by voluntarily entering into this Order, waives any right to a hearing or appeal concerning the terms, conditions and/or penalties set forth in this Order.

16. **Consumer Rights**. The Order shall not limit or impair a consumer’s rights under the CDCA.

17. **Publication**. The Department will publish this Order pursuant to its authority in the Department of Banking and Securities Code. 71 P.S. § 733-302.A.(5).

18. **Entire Agreement**. This Order contains the whole agreement between the parties. There are no other terms, obligations, covenants, representations, statements, conditions, or otherwise, of any kind whatsoever concerning this Order. This Order may be amended in writing by mutual agreement by the Office and Lvble.

19. **Binding Nature**. The Department, Lvble and all officers, owners, directors, employees, heirs and assigns of Lvble intend to be and are legally bound by the terms of this Order.

20. **Counsel**. This Order is subject to review by the Department’s Legal Division. This Order is entered into by the parties upon full opportunity for legal advice from legal counsel.

21. **Effectiveness**. Lvble hereby stipulates and agrees that the Order shall become effective on the date that the Department’s Legal Division docket this Order (“Effective Date”).

22. **Other Enforcement Action**.

a. The Department reserves all of its rights, duties, and authority to enforce all statutes, rules and regulations under its jurisdiction against Lvble in the future regarding all matters not resolved by this Order.

b. Lvble acknowledges and agrees that this Order is only binding upon the Department and not any other local, state or federal agency, department or office regarding matters within this Order.

23. **Authorization**. The parties below are authorized to execute this Order and legally bind their respective parties.

24. **Counterparts**. This Order may be executed in separate counterparts and by facsimile or electronic format.

25. **Titles**. The titles used to identify the paragraphs of this document are for the convenience of reference only and do not control the interpretation of this document.

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WHEREFORE, in consideration of the foregoing, including the recital paragraphs, the Department of Banking and Securities, Compliance Office, and Lvble Inc. intending to be legally bound do hereby execute this Consent Agreement and Order.

### FOR THE COMMONWEALTH OF PENNSYLVANIA, DEPARTMENT OF BANKING AND SECURITIES, COMPLIANCE OFFICE

Redacted  
John Talalai, Director  
Compliance Office  
Pennsylvania Department of Banking and Securities  
Date: 04/06/2026  

### FOR LVBLE INC.

Redacted  
(Officer Signature)  
Ruffles Freilich  
(Print Officer Name)  
Chief Operating Officer  
(Title)  
Date: 4/6/2026