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Financial Services Law Insights and Observations

Wisconsin Department of Financial Services discourages unlicensed adjustment service companies

State Issues Covid-19 Wisconsin Licensing

State Issues

On April 29, the Wisconsin Department of Financial Institutions issued guidance on adjustment service companies and encouraged Wisconsin residents exercise caution before hiring companies to assist them with debt management.  In particular the guidance discourages doing business with unlicensed companies and links to a list of licensed adjustment service companies.