This License is required of any person who directly or indirectly solicits claims for collection or collects claims owed, due or asserted to be owed or due to a third party.
Who is exempt from this License? Please review A.R.S. § 32-1004
All Collection Agency Licensees that have transition to NMLS are encouraged to submit their renewal through NMLS. Please click HERE for Company Renewal instructions.
|Collection Agency License
||This license will be available in NMLS starting January 2, 2017. Those entities or individuals whom act as a collection agency are required to have this license. "Collection agency" means: (a) All persons engaged directly or indirectly in soliciting claims for collection or in collection of claims owed, due or asserted to be owed or due. (b) Any person who, in the process of collecting debts occurring in the operation of his own business, uses any name other than his own which would indicate that a third person is collecting or attempting to collect such debts. Arizona Revised Statutes Title 32, Chapter 9 – Collection Agencies