Bureau of Consumer Credit Protection
Welcome to the website of the Bureau of Consumer Credit Protection, an agency within the Department of Professional and Financial Regulation. The Bureau oversees many aspects of the consumer finance industry, including non-bank mortgage lenders, debt collectors, loan brokers, retail creditors, money transmitters, consumer reporting agencies, student loan servicers, and non-bank ATMs. We appreciate your visit to our homepage and look forward to assisting you.
NMLS License Renewals
The 2025 Renewal Period ended Dec. 31, 2024. The Reinstatement Period has begun and will end at midnight EST on Feb. 28. The NMLS Call Center (1-855-665-7123) is available to assist during reinstatement from 9 a.m. – 9 p.m. EST, Monday – Friday, but will be closed for observed Federal holidays. The best times to call are early mornings (9 – 10 a.m. EST) and evenings (after 5 p.m. EST).
License Transitions
The transitional period for registered consumer reporting agencies and debt management service providers to transition their Maine registration to NMLS ended December 31, 2024. The Bureau will accept late transition requests through January 31, 2025, but applicants will be assessed a late fee of $100.
- Consumer Reporting Agencies (PDF Transition Checklist)
- Debt Management Service Providers (PDF Transition Checklist)
CLICK HERE for information about transitioning your license or registration to NMLS.
Press Releases
- 1/15/2025: Maine Superintendent of Consumer Credit Protection Announces $80 Million Enforcement Action Against Block, Inc., Cash App for BSA/AML Violations
- 12/23/2024: Maine Bureau of Consumer Credit Protection Announces Consent Agreement and Order with Kraken
- 6/26/2024: Maine Bureau of Consumer Credit Protection Settles with Abra to Return Cryptocurrency Assets
- 3/22/2024: Maine Bureau of Consumer Credit Protection Orders Sigue Corp. to Cease Money Transmission Activities
- 10/17/2023: State Regulators Settle with ACI Payments, Inc. for Unauthorized Transactions from Mr. Cooper Customer Accounts
Notices and Updates
- 1/9/2025: State Regulators Levy $20 Million Penalty on Nation's Largest Nonbank Mortgage Servicing Company
- 12/18/2024: BCCP Publishes Revised Supervised Lender Rule for Comment
- 11/26/2024: Hearing Notice: In re: Payward Ventures, Inc. d/b/a Kraken, et. al.
- 11/20/2024: BCCP Publishes Revised Bureau Organization, Administration, and Procedure Rule for Comment
- 10/21/2024: Bureau Publishes Revised Money Transmitter Licensing Rule for Comment
Recent Enforcement Actions
- 1/16/2025: Settlement Agreement and Consent Order: Block, Inc.
- 12/23/2024: Payward Ventures, Inc. et. al. - Consent Agreement and Order
- 10/15/2024: Fortress Trust LLC - Consent and Cease and Desist Order
- 11/27/2023: Hometown Lenders, Inc. - Order to Cease and Desist
- 5/28/2020: Fuller Chevrolet-GMC Inc. Assurance of Discontinuance