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Violation Tracker Individual Record

Company: Zero Parallel, LLC
Penalty: $110,000
Year: 2019
Date: February 21, 2019
Offense Group: consumer-protection-related offenses
Primary Offense: payday lending violation
Secondary Offense: consumer protection violation
Violation Description: Zero Parallel agreed to pay a $110,000 penalty in settlement of allegations it acted as a broker for payday and installment loans without licenses, by operating websites that collected data from application forms and selling the applications to its lender partners.
Level of Government: state
Action Type: agency action
Agency: California Department of Financial Protection and Innovation
Civil or Criminal Case: civil
Facility State: California
Facility City: Glendale
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.