Search

Buyers Holdings LLC Settlement Added to CT Enforcement Orders

The Connecticut Department of Banking added a new administrative settlement entry for Buyers Holdings, LLC to its public enforcement orders index page. The settlement, dated April 9, 2026, is now visible above the fold on the Administrative Orders and Settlements page under consumer credit matters. The specific terms and amounts of the settlement are contained in the linked PDF document.

Buyers Holdings LLC Ordered to Cease and Desist and Pay $200k Civil Penalty

The Connecticut Banking Commissioner issued a final order against Buyers Holdings, LLC requiring it to cease and desist from unlicensed consumer collection activity and imposing a $200,000 civil penalty. The respondent failed to request a hearing within the prescribed time, causing allegations of at least 12 license violations and a materially false statement to be deemed admitted.