Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: Elevation Capital Partners, LLC
Penalty: $2,600,000
Year: 2021
Date: April 6, 2021
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: Elevation Capital agreed to cancel approximately $2.6 million in student loans it bought from the defunct Education Corporation of America (ECA) and return the majority of debt already collected in settlement of allegations the loans were originally obtained by ECA making misrepresentations of its educational quality, accreditation, and financial condition.
Level of Government: state
Action Type: agency action
Agency: Pennsylvania Attorney General
Civil or Criminal Case: civil
Facility State: Pennsylvania
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.