Md. Labor, Licensing & Regulation Dept.: Maryland Office of Financial Regulation Issues Order to 'Buy Now Pay Later' Company Four Technologies for Unlicensed Consumer Lending
May 17, 2024
May 17, 2024
BALTIMORE, Maryland, May 17 -- The Maryland Department of Labor, Licensing and Regulation issued the following news release:
The Maryland Department of Labor's Office of Financial Regulation today announced entry into a settlement agreement and consent order with "Buy Now, Play Later" company Four Technologies, Inc. ("Four") for violating Maryland lending law. As a condition of the order, the company has agreed to pay $45,000 in civil penalties and refund mo . . .
The Maryland Department of Labor's Office of Financial Regulation today announced entry into a settlement agreement and consent order with "Buy Now, Play Later" company Four Technologies, Inc. ("Four") for violating Maryland lending law. As a condition of the order, the company has agreed to pay $45,000 in civil penalties and refund mo . . .