Collection Agency Program

Collection Agency License Types

  • Collection Agency
  • Collection Agency Exempt Designation

Regulating Body

  • Department of Commerce and Consumer Affairs – Director

RENEWAL AND RESTORATION INFORMATION

Renewal Information...

  • All Licenses regardless of issuance date, are subject to renewal by June 30 of every even-numbered year.
On-time renewals for the licensing period of July 1, 2020 to June 30, 2022
Renewals accepted: May 4, 2020 to June 30, 2020
Renewal Hardcopy Form Mailout: May 1, 2020
Renew By License Expiration Date: June 30, 2020

Licenses not renewed by license expiration date are unlicensed and may not practice.

Renewal Fees

On-Time Cost to Renew
Collection Agency (COLA) – $284.00
Collection Agency – Exempt Out-of-State (COLAX) – $284.00
Collection Agency Branch Location (COLB) – $284.00
Collection Agency – Exempt Out-of-State Branch Location (COLXB) – $284.00

Restoration Information...

Forfeited licenses may be restored within 60 days and subject to meeting restoration requirements.
Failure to restore a forfeited license within 60 days after the license expiration date will result in the termination of the license and the person must apply as a new applicant and meet current licensing requirements.

Restorations for the licensing period of July 1, 2020 to June 30, 2022
Restorations accepted: July 1, 2020 to August 31, 2020
Restore By: August 31, 2020

Restoration Fees

 Cost to Restore (late renewal)
Collection Agency (COLA) – $364.00
Collection Agency -Exempt Out-of-State (COLAX) – $364.00
Collection Agency Branch Location (COLB) – $364.00
Collection Agency  – Exempt Out-of-State Branch Location (COLXB) – $364.00