Financial Services
Midland Credit Management IncAbout
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, IncThe 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.
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