Collection Agency Program
Collection Agency License Types
- Collection Agency
- Collection Agency Exempt Designation
- Department of Commerce and Consumer Affairs – Director
APPLICANT AND LICENSEE INFORMATION
Applicants and Licensees...
RENEWAL AND RESTORATION 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.
|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|
|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.
|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|