CA DFPI Issues Fines, But are Recipients Even Debt Collectors?

On January 30, 2023, the California Department of Financial Protection and Innovation (DFPI) announced it issued enforcement actions and levied fines against five separate entities. Though the DFPI referred to each of these entities as "debt collectors," it is unclear whether these businesses are actual debt collectors or fraudsters posing as debt collectors.

The entities fined by the DFPI  for violations of California's Debt Collection Licensing Act and the California Consumer Financial Protection Law (CCFPL) include:

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