Order to Cease and Desist ATG Credit, LLC

The Massachusetts Division of Banks has issued a Temporary Order to Cease and Desist against ATG Credit, LLC (Docket Number: 2025-013), a licensed debt collector. The Commissioner of Banks determined that ATG Credit has engaged in practices constituting violations of Massachusetts General Laws chapter 93, sections 24 through 28, specifically citing a failure to provide access to its books and records for examination as required by M.G.L. c. 93, section 24D. The company, licensed since 2008, operates from Chicago, IL, but conducts business in Massachusetts.

This order requires ATG Credit, LLC to immediately cease and desist from engaging in debt collection activities in Massachusetts. The Division of Banks will likely pursue further action, potentially including license revocation or further penalties, if ATG Credit does not comply with the examination requests and the terms of the order. Regulated entities in the debt collection space should ensure full cooperation with regulatory examinations and maintain accessible records as required by law.