Connecticut Bans Debt-Buyer, Orders Repayment
Hartford News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Connecticuts banking commissioner has issued a cease-and-desist order against Buyers Holdings, a Florida debt-buying firm, for operating without a license and collecting from state residents since January 2016. The company faces potential fines of up to $100,000 for thirteen violations and must repay all collected amounts plus interest. Buyers Holdings license application remains pending due to unresolved issues.
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