Collections Agencies
Saturn Systems IncAbout
Important information
- Government Actions:Government Action: BBB reports on known government actions involving business’ marketplace conduct:The Commissioner of Financial Protection and Innovation v Saturn Systems, Inc.
On February 7, 2025, Saturn Systems, Inc. entered into a Consent Order with the Department of Financial Protection and Innovation of the State of California.
The Commissioner of the Department of Financial Protection and Innovation found that Saturn Systems engaged in debt collection activities with California consumers without first obtaining the required license.
The Commissioner also found that Saturn Systems sent a misleading letter to a California resident falsely suggesting that their alleged debt might be reported as taxable income to the IRS.
Finally, the Commissioner found that Saturn Systems failed to include mandated debt collection notices informing consumers of their rights in letters mailed to two California residents.
In the Consent Order, Saturn Systems agrees to cease unlawful debt collection practices, including, operating without a license, sending misleading debt collection letters, and failing to provide required consumer notices. Saturn Systems also agreed to pay an administrative penalty of $90,000.
For more information, contact the California Department of Financial Protection and Innovation at (866) 275-2677.
Business Details
- BBB File Opened:
- 4/22/2004
- Business Started:
- 1/1/1997
- Business Started Locally:
- 1/1/1997
- Business Incorporated:
- 9/29/1997
- Type of Entity:
- Corporation
- Business Management:
- Mr. Bob Stein, President
Additional Contact Information
- Principal Contacts
- Mr. Bob Stein, President
- Customer Contacts
- Mr. Bob Stein, President
- Additional Email Addresses
- Primary: Email this Business
Additional Information
- Other Resources
- Colorado Collection Agency Regulation - Consumer Protection Section
1300 Broadway, 6th Floor
Denver CO 80203
Phone Number: (720) 508-6022
Fax Number: (720) 508-6033
http://www.coloradoattorneygeneral.gov/ca
[email protected] - Division of Banking- Wyoming
Herschler Bldg. 3rd Fl. E
Cheyenne WY 82002
Phone Number: (307) 777-7797
http://audit.state.wy.us/banking/default.htm - Business Categories
- Collections Agencies
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