Collection Agency Program

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IMPORTANT ANNOUNCEMENTS
Collection Agency License Types
  • Collection Agency
  • Collection Agency Exempt Designation
Applicant and Licensee Information
Application and Licensing Information
How To
Renewal Information<br /> (Renew by June 30 every even-numbered year)
  • 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, 2024 to June 30, 2026
(Must renew by hardcopy only)
Renewals accepted: May 6, 2024 to June 30, 2024
Renewal Hardcopy Form Mailout: May 3, 2024
Renew By License Expiration Date: June 30, 2024

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
Restoration Information<br /> (Restore within 60 days after license expiration)
Forfeited licenses may be restored within 60 days and subject to meeting restoration requirements.
(Must restore by hardcopy only)
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
Regulating Body
  • Department of Commerce and Consumer Affairs - Director