Regulatory Alerts2026-04-10
Added · Updated
Healthcare Finance Direct, LLC Consent Order
Healthcare Finance Direct, LLC d/b/a HFD must cease and desist from receiving payments for small loans to Connecticut borrowers without a license and from failing to cooperate with investigations. The entity is required to pay a $25,000 civil penalty and refund all amounts received in excess of a 0% APR from Connecticut consumers on loans of $15,000 or less since January 1, 2021, or $50,000 or less after October 1, 2023, within sixty days. Additionally, the June 23, 2025 Final Order is vacated, allowing HFD to apply for a Connecticut small loan company license provided it complies with the order's terms and discloses the event on NMLS.