State fines 6 area consumer credit companies

CHAMPAIGN — Six area consumer credit businesses were cited in April for various disciplinary issues by the Illinois Department of Financial and Professional Regulation.

And a Champaign clothing store was cited and fined $5,000 for the unlicensed practice of optometry. NY Fashion, 310 W. Bloomington Road, received the civil penalty and was ordered by the department to cease and desist the unlicensed practice of optometry.

Other disciplinary measures were announced against the following consumer credit firms:

— Courtesy Loans of Illinois LLC, Mattoon, was fined $1,250 for the following violations: Interest or account handling charge rebate is insufficient. The lender did not obtain borrower's most recent income documentation available at the time the loan was made.

— Courtesy Loans of Illinois LLC, Rantoul, was fined $14,775 for the following violations: Require lenders to input information into the database which is required by the department. Lender did not obtain borrower's most recent income documentation available at the time the loan was made. Lender made a small consumer loan to a consumer for which the total of all payments to be made in any month on the loan exceeds 22.5 percent of the consumer's gross monthly income.

— Courtesy Loans of Illinois LLC, Charleston, was fined $7,025 for the following violations: Licensee did not maintain a positive net worth of a minimum of $30,000. Licensee did not properly update the state database with the required information on the day the transaction or event occurred. The lender did not obtain borrower's most recent income documentation available at the time the loan was made.

— Illinois Title Loans Inc., Danville, was fined $4,050 for the following violations: Title-secured lender did not obtain borrower's most recent income documentation available at the time the loan was made. File does not contain evidence of contract signed or acknowledged by the borrower. Lender did not enter into the database that the borrower's loan was paid in full or cancelled on the day the transaction was made.

— State Finance Co., Champaign, was fined $7,275 for the following violations: Original documents, or approved equivalent, not canceled or returned following payoff. Interest or account handling charge rebate is insufficient. Lender did not input information into the database within 90 days after making a small consumer loan.

— Sun Loan Company Illinois Inc., Mattoon, was fined $7,500 for the following violations: Lender did not obtain any official documentation of the borrower's income before making a small consumer loan. Lender made a small consumer loan to a consumer for which the total of all payments to be made in any month on the loan exceeds 22.5 percent of the consumer's gross monthly income. Lender did not accurately input the borrower's gross income into the database for a small consumer loan.

Also, medical license disciplinary actions were announced against two area physicians:

— Elizabeth Trupin Campbell, Champaign, had her physician and surgeon license revoked after her California medical license was revoked, and she failed to appear or answer the department's complaint.

— Miguel Rubio Ochoa, Danville, had his physician and surgeon license and his controlled substance license indefinitely suspended after he surrendered his Drug Enforcement Administration registration for cause.

Three nursing professionals were disciplined as well:

— Dana Bower of Catlin, registered nurse license was restored to indefinite probation with work restrictions and a minimum of one year effective upon payment of fees, filing of forms and completion of continuing education.

— Joshua Meyer of Urbana, registered nurse license was indefinitely suspended for a minimum of one year for failure to chart the withdrawal of controlled substances.

— Suzanne Fox of Rantoul, licensed practical nurse license was automatically, indefinitely suspended for a minimum of 12 months due to a violation of probation.

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