For more than four years, Credova has stood firm against a politically motivated investigation from the Consumer Financial Protection Bureau (CFPB). This week, that chapter officially closed. The Bureau confirmed what we have always known: the investigation was biased, targeted lawful commerce, and designed to suppress constitutionally protected activity rather than protect consumers.
With the matter closed, our company and the merchants and customers who rely on us can move forward with clarity, confidence, and purpose.
What Happened
In February 2021, the CFPB launched an investigation into Credova and the financing solutions it offers. More than 90% of our business comes from the shooting sports and outdoor recreation sectors — industries that are both lawful and vital to millions of Americans.
Documents now confirm what we long suspected: the investigation was politically driven. The Bureau’s current leadership determined that the investigation into Credova represented “weaponization against disfavored industries and individuals” and that it was “not aimed at protecting consumers, but at suppressing activities protected by the First and Second Amendment.”
Despite years of pressure to settle under unfair terms, including demands that Credova cease offering certain forms of financing for firearms altogether, we refused to compromise our mission, our values, or the merchants and customers who depend on us.
Why It Matters
This outcome is bigger than one company. It’s a win for every small business owner who has faced regulatory intimidation. It’s a win for every consumer who deserves the right to access financing without political interference. And it’s a win for every American who believes that freedom should not be compromised for convenience or control.
As our parent company PublicSquare noted, this victory affirms the integrity of our operations and validates the trust placed in us by merchants and customers alike. When businesses stand firm, freedom wins.
Our Commitment Going Forward
At Credova, our mission has always been clear: to provide transparent financing solutions for underserved consumers and industries that other platforms overlook or wont touch. We do this not only to support lawful commerce, but to ensure that Americans can access the tools, gear, and experiences that help them live with conviction.
The closure of this investigation allows us to focus fully on what matters most: serving our merchant partners and giving consumers flexible financing options built on respect and and freedom.
In Closing
This moment isn’t just about ending an investigation. It’s about reinforcing a principle: freedom in business and freedom in life go hand in hand. We’re proud to have stood firm, and even prouder to continue serving the communities that trust us.
For our merchants, our customers, and everyone who believes in the freedoms that make this country great, this victory belongs to you as much as it belongs to us.
