On July 7, the Oregon Division of Financial Regulation (DFR) entered a consent order against a Wisconsin-based debt collector for allegedly operating as a collection agency in Oregon without maintaining the required registration. The DFR began investigating the company after receiving a complaint from an Oregon resident alleging that the company had attempted to collect a debt on an in-state transaction, and a subsequent search of the NMLS revealed the company was registered as a collection agency in other states but not in Oregon. The company, which said it believed it was exempt from Oregon’s registration requirements, disclosed collecting from 1,569 Oregon consumers or accounts for roughly $155,500 and later identified an additional 243 consumers from whom it collected about $21,700, before obtaining an Oregon collection agency registration in April 2026. The DFR concluded that this activity constituted 1,812 separate violations of Oregon’s collection agency law.

Under the order, the DFR directed the company to cease and desist from further violations and assessed $181,500 in civil penalties, of which it suspended $141,500 for three years contingent on the company committing no new violations. The order provides that the suspended penalty will be waived after three years if the company complies with the order’s terms, but that any failure to satisfy those terms will make the suspended penalty immediately due.