collection agency licensing
Date: Wed, 08/06/2008 - 17:33
does anyboday know minnesota collection agency laws.. do they have to be licensed in minnesota or can they be licensed anywhere just as long as there licesned in there home state and follow fdcpa laws
Not sure where to look up if they are bonded but it is required
Not sure where to look up if they are bonded but it is required
COLLECTION AGENCY BOND & LICENSE
Bond: $5,000 to $20,000
License: Yes
Fee:
$1,000 - Initial
$400 - Annual
$10 - Per Collector
