Violation Tracker Individual Record

Company: 
Midland Credit Management, Inc.
Current Parent Company: 
Encore Capital Group
Penalty: 
$750,000
Year: 
2012
Date: 
August 20, 2012
Offense Group: 
consumer-protection-related offenses
Primary Offense: 
consumer protection violation
Violation Description: 

Midland Credit Management agreed to pay $750,000 to settle allegations it engaged in unfair, misleading and threatening practices against debtors while operating as a debt collection agency.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Arizona Department of Financial Institutions
Civil or Criminal Case: 
civil
Facility State: 
Arizona
HQ Country of Parent: 
USA
HQ State of Parent: 
California
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
debt recovery
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.