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.
