About
Important information
- Government Actions:Government Action: BBB reports on known government actions involving business’ marketplace conduct:TFC Credit Corporation of California D/B/A TFC Tuition
“The following describes a government action that has been resolved by either a settlement or a decision by a court or administrative agency. If the matter is being appealed, it will be noted below.”
On 11/03/2023, TFC Credit Corporation of California dba TFC Tuition, signed a consent order brought against the company by the State of Minnesota Department of Commerce.
According to the order, it was alleged that TFC Tuition engaged in unlicensed student loans servicing, which is in violation of Minn. Stat. § 58B.03 subd. 1(2022).
TFC Tuition will pay a civil penalty in the amount of $10,000 and $120 investigative fee. TFC Tuition has agreed to cease and desist from violating any laws, rules, or orders.
Overview
BBB Accredited Since: 5/23/2017
Years in Business: 42
BBB Accreditation & Rating
About This Business
Business Details
- BBB File Opened:
- 2/17/1995
- Business Started:
- 4/1/1982
- Business Incorporated:
- 4/19/1982
- Type of Entity:
- Corporation
- Alternate Names:
- TFC Credit Corporation of California
- Business Management:
- Mr. Benjamin Breitbart, Vice President
- Number of Employees:
- 24
Additional Contact Information
- Principal Contacts
- Mr. Benjamin Breitbart, Vice President
- Customer Contacts
- Mr. Benjamin Breitbart, Vice President
- Fax numbers
- Primary Fax: (925) 498-2520
- Additional Email Addresses
- Primary: Email this Business
- Additional Websites
- Website 1
- Social Media
Licensing information
This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.
BBB records show a license number of 6050041 for this business, issued by Department of Business Oversight. The expiration date of this license is 9/30/2025.
Department of Business Oversight
1515 K Street, Suite 200
Sacramento CA 95814
BBB records show a license number of 1708442 for this business, issued by Nationwide Mortgage Licensing System/NMLS
Nationwide Mortgage Licensing System/NMLS
1129 20th Street, N.W., 9th Floor
Washington DC 20036
Additional Information
- Referral Assistance
- California Department of Financial Protection and Innovation
2101 Arena Boulevard
Sacramento CA 95834
Phone Number: (866) 275-2677
https://dfpi.ca.gov/
[email protected] - Commodity Futures Trading Com.
Lafayette Center,1155-21st St. N.W.
Washington DC 20581
Phone Number: (202) 418-5080
http://www.cftc.gov - Nationwide Mortgage Licensing System/NMLS
1129 20th Street, N.W., 9th Floor
Washington DC 20036
Phone Number: 1-855-665-7123
http://mortgage.nationwidelicensingsystem.org/Pages/default.aspx - Business Categories
- Credit Services, Financial Services, Credit Cards and Plans
More Resources
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