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Business Profile

Financial Services

Midland Credit Management Inc

This business is NOT BBB Accredited.

Find BBB Accredited Businesses in Financial Services.

About

Important information

  • Additional Info:
    On May 22, 2000 Midland's parent corporation, Encore Capital
    Credit Group, Inc., acquired all of West Capital Financial
    Services Corporation.
  • Government Actions:
    Government Action: BBB reports on known government actions involving business’ marketplace conduct:
    Attorney General of Massachusetts v Encore Capital Group Inc, Midland Funding LLC, Midland Credit Management, Inc, and Atlantic Credit and Finance, Inc
    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 September 15, 2022 the Encore Capital Group Inc, Midland Funding LLC, Midland Credit Management, Inc, and Atlantic Credit and Finance, Inc entered into a Assurance of Discontinuance with the Attorney General of Massachusetts. The Assurance of Discontinuance settles allegations that the business engaged in unfair and deceptive acts and practices in connection with the collection of Debts. Under terms of the Assurance, the business agreed to pay a total of $4.5 million which includes restitution to Massachusetts consumers. The Assurance was for settlement purposes only and should not be considered as an admission of guilt or finding of violation of the law."

    This action is final.

About This Business

This business offers help for consumers to resolve past-due debt obligations by providing education and payment plans. 

Business Details

BBB File Opened:
8/1/1992
Business Started:
2/1/1953
Business Started Locally:
5/1/2000
Business Incorporated:
5/22/2000
Type of Entity:
Corporation
Alternate Names:
MCM
Encore Capital Group Inc
Related Businesses:
Asset Acceptance LLC
Business Management:
(Headquarters Contact): Mr. Ryan Bell, CEO
Mr. Andrew Asch, Secretary
Mr. Mike Merle, Chief Financial Officer

Additional Contact Information

Principal Contacts
(Headquarters Contact): Mr. Ryan Bell, CEO
Customer Contacts
Ms. Sonia Gibson, Director, National Government Affairs

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.

Additional Information

Other Resources
CA Department of Financial Protection & Innovation (DFPI)
2101 Arena Boulevard
Sacramento CA 95834
Phone Number: (866) 275-2677
https://dfpi.ca.gov/
[email protected]

Industry Tip

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