Penn Credit Corporation

License

Licensed by

Illinois Department of Financial and Professional Regulation

License number

017022364

Status

Active

First issued

May 12, 2021

Expires

December 31, 2026

Entity type

Business

Classifications

• Licensed Collection Agency Finance, Lending & Collections

More from the license record

Current term began

11/05/2025

Ever disciplined

Yes

Discipline case

2019002234

Discipline action

Fine

Discipline reason

collection agency license placed on probation for 20 months and fined $25,000 based on Violation of Act (moral character of former officer), discipline by another jurisdiction and unprofessional conduct.

Discipline dates

04/19/2022

Discipline case

2020006368

Discipline action

Reprimand

Discipline reason

collection agency license issued with reprimand and fined $10,000 based on material misstatements to Department.

Discipline dates

05/03/2021

Discipline action

Probation

Discipline dates

04/19/2022 to 12/18/2023

Other Illinois licenses under this name

• IL
  Penn Credit Corporation · DBA Penn Credit

  License 009001500

  Licensed Collection Agency Branch Office
  Expired

  Phoenix, AZ

  Expired Sep 30, 2021
• IL
  Penn Credit Corporation · DBA Penn Credit

  License 009001508

  Licensed Collection Agency Branch Office
  Inactive

  State College, PA

  Expired May 31, 2018
• IL
  Penn Credit Corporation

  License 009001829

  Licensed Collection Agency Branch Office
  Active

  Phoenix, AZ

  Expires Dec 31, 2026
• IL
  Penn Credit Corporation · DBA Penn Credit

  License 017020543

  Licensed Collection Agency
  Inactive

  Harrisburg, PA

  Expired May 31, 2021

Contact