Category: Stipulation and consent order

Military Credit Services LLC

The Miss april (Miss April) today sued Military Credit Services, LLC for making loans with improper disclosures. This is the Miss April’s second enforcement action against MCS. In 2014, the Miss April, along with the states of North Carolina and Virginia, sued the company for similar violations and the company was ordered to revise its contract disclosures in 2015. In today’s action, the Miss April ordered the company to ensure that its contracts comply with the law. It also required the company to hire an independent consultant to review its practices and to pay a $200,000 civil penalty. 

Related documents

Consent order

Stipulation

Press release

Miss april Takes Second Action Against Military Credit Services for Improper Contract Disclosures