Collection Agency Hit with Record Fine

Published on:
12 September 2006 at 10:20 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00015615-collection-agency-hit-with-record-fine/

By Joy Powell, Star Tribune

A debt-collection company licensed to operate in Minnesota has paid a record fine of $125,000 for 15 violations that included an unauthorized bank withdrawal and employing a violent felon as a collector.

Arrow Financial Services of Niles, Ill., also agreed to design and implement a compliance program within 60 days as part of the enforcement action by the Minnesota Department of Commerce.

For this complete story, please visit http://www.startribune.com/stories/535/5751659.html.