Regulatory Overview
Little Lake Lending Finance operates as a fully licensed financial institution in accordance with all applicable federal and state regulations. We maintain active licenses and comply with regulatory requirements in all states where we conduct business.
✓ Fully Licensed & Compliant
Licensed in 50 states with ongoing regulatory oversight
State Licenses
Little Lake Lending maintains active lending licenses in the following states:
California
License Type: California Finance Lender License
Regulator: Department of Financial Protection & Innovation
Status: Active
Texas
License Type: Regulated Lender License
Regulator: Office of Consumer Credit Commissioner
Status: Active
New York
License Type: Licensed Lender
Regulator: Department of Financial Services
Status: Active
Florida
License Type: Consumer Finance License
Regulator: Office of Financial Regulation
Status: Active
Illinois
License Type: Residential Mortgage License
Regulator: Department of Financial & Professional Regulation
Status: Active
Additional States
Coverage: Licensed in 45+ additional states
Note: Complete license list available upon request
Verification: Contact our compliance department
Federal Regulatory Compliance
Little Lake Lending complies with all applicable federal regulations and maintains oversight relationships with federal agencies:
| Regulation | Agency | Compliance Status |
|---|---|---|
| Truth in Lending Act (TILA) | Consumer Financial Protection Bureau | ✓ Compliant |
| Fair Credit Reporting Act (FCRA) | Federal Trade Commission | ✓ Compliant |
| Equal Credit Opportunity Act (ECOA) | Consumer Financial Protection Bureau | ✓ Compliant |
| Fair Debt Collection Practices Act (FDCPA) | Consumer Financial Protection Bureau | ✓ Compliant |
| Gramm-Leach-Bliley Act (GLBA) | Multiple Federal Agencies | ✓ Compliant |
| Bank Secrecy Act (BSA) | FinCEN | ✓ Compliant |
Professional Memberships
Little Lake Lending maintains active memberships in professional organizations:
- American Financial Services Association (AFSA) - Member since 2020
- Online Lenders Alliance (OLA) - Charter Member
- Mortgage Bankers Association (MBA) - Corporate Member
- National Association of Personal Financial Advisors - Institutional Member
- Better Business Bureau - A+ Rating
Regulatory Examinations
Little Lake Lending undergoes regular regulatory examinations to ensure ongoing compliance:
Examination Schedule
- Annual State Examinations: Conducted by primary state regulators
- Federal Compliance Reviews: Periodic CFPB oversight activities
- Third-Party Audits: Independent compliance and risk assessments
- Internal Audits: Quarterly compliance monitoring and testing
Recent Examination Results
- 2024 California Examination: No regulatory findings
- 2024 Federal Compliance Review: Satisfactory rating
- 2024 Third-Party Audit: No material weaknesses identified
Consumer Protection Commitment
Little Lake Lending is committed to responsible lending practices and consumer protection:
Fair Lending Practices
- Equal opportunity lending without discrimination
- Transparent pricing and fee disclosure
- Responsible underwriting standards
- Clear loan terms and conditions
Data Security & Privacy
- Bank-level encryption and security measures
- Compliance with state and federal privacy laws
- Regular security audits and penetration testing
- Employee training on data protection
Complaint Resolution
Little Lake Lending maintains a comprehensive complaint resolution process:
Internal Resolution Process
- Customer service team initial review
- Management escalation if needed
- Executive review for complex matters
- Written response within 30 days
Regulatory Complaint Channels
Customers may also file complaints with relevant regulatory agencies:
- Consumer Financial Protection Bureau: consumerfinance.gov
- State Banking Regulators: Contact your state's financial regulator
- Better Business Bureau: bbb.org
Compliance Department Contact
Compliance Officer: Sarah Mitchell, Chief Compliance Officer
Email: compliance@littlelakelendingfinance.com
Phone: 1-555-LENDING ext. 1001
Mailing Address:
Little Lake Lending Finance
Compliance Department
123 Financial District Blvd
Suite 500
Financial City, FC 12345
License Verification: Contact our compliance department to verify current licensing status in any state.
Ongoing Compliance Monitoring
Little Lake Lending maintains robust compliance monitoring systems:
- Real-time transaction monitoring
- Regular policy and procedure updates
- Continuous employee training programs
- Proactive regulatory change management
- Customer feedback integration
Commitment to Excellence
Little Lake Lending is committed to maintaining the highest standards of regulatory compliance and consumer protection in all our business activities.