The great Gila monster

If you've dealt with Municipal Services Bureau, you have dealt with Gila Corp. Gila does business as MSB, the ones Texans pay those high-priced surcharges to when they do something like get a ticket for no proof of car insurance.

To see how far-reaching this business is, take a look at their detailed description on Bloomberg. At the bottom of the description, it states that Gila is a subsidiary of Navient.

According to Forbes, Navient is a spin off of Sallie Mae, and both are portrayed in the media as using questionable practices and have had multiple lawsuits lodged against them.

So, Sallie Mae, Navient, Gila, Municipal Services Bureau are all interconnected.

Texas Finance Code Sec. 392.306, Use of Independent Debt Collector, states:

A creditor may not use an independent debt collector if the creditor has actual knowledge that the independent debt collector repeatedly or continuously engages in acts or practices that are prohibited by this chapter. 

 

That would mean that the State of Texas may not use a debt collector engaging in practices that are prohibited by the entire Section 392.

It seems to me that MSB is of questionable character because their parent companies are of questionable character. I believe that there's every possibility that they could engage in prohibited practices.

But who's gonna stop 'em?