Debt Management Companies
This License is required of any person, that for compensation, engages in whole or in part in the business of receiving money as an agent of a debtor for the purpose of distributing the same to creditors in payment of obligations.
Who is exempt from this License? Please review A.R.S. § 6-702
Inquiries concerning the preparation and filing of License and renewal applications with the Department should be directed to the Licensing Division at 602-771-2800 or e-mail at [email protected] . For more detailed contact information, see the “Contact Us” tab.
Forms and Fees
Application Fees and Forms for Debt Management Companies
Arizona Revised Statues §6-126 et seq. & 6-706
The following nonrefundable fees are payable to the department with the filing of the following applications:
Laws, Rules, Substantive Policy Statements & Regulatory Alerts
Arizona Revised Statutes
Article In General
6-703 License required
6-704 Application for license; bonds; contract
6-705 Branch offices and agencies
6-707 Issuance of license; display; cancellation on termination
6-708 Denial; revocation or suspension of license
6-716 Fees collected
Arizona Administrative Code Title 20
ARTICLE 6. DEBT MANAGEMENT COMPANIES
R20-4-607. Budget Analysis
R20-4-612. Solvency and Minimum Liquid Assets
Substantive Policy Statements
ARTICLE 1. General Administration
CREDIT REPORTS/ARREST RECORDS APPLICATIONS
It is the policy of AZDFI to select the most effective and efficient methods of conducting examinations so that significant risks affecting safety and soundness, as well as substantive statutory compliance, can be identified and, if necessary, appropriate supervisory action taken. Judgment must be utilized to ensure that necessary procedures are performed and ineffective activities are avoided.
The examination fee in accordance with A.R.S. 6-125 is not more than sixty-five dollars per hour for each examiner. The assessment late penalty is fifty dollars for each day after the thirty day period the enterprise fails to remit the assessment not to exceed the examination assessment amount.
Pursuant to A.R.S. 6-122(3) examination frequency is at the superintendent’s discretion.
For questions concerning examination of your company or license, please contact the Financial Enterprise Division at 602-771-2777 or e-mail to [email protected].