Regulatory Alerts2026-05-01
Added · Updated
Lendah LLC Consent Order
The Banking Commissioner of Connecticut entered a consent order against Lendah LLC, requiring the company to pay an $8,400 civil penalty in seven installments between April and November 2026 and remit $1,600 for back licensing fees. The order prohibits Lendah from offering debt negotiation programs in Connecticut without a license or engaging in deceptive advertising practices. Lendah agreed to cease all activities with Connecticut consumers and waived its right to a hearing or judicial review regarding the allegations.