License: Collection Agency Manager
Michigan Department of Licensing and Regulatory Affairs Bureau of Professional Licensing
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P.O. Box 30670
Lansing, MI 48909
(517) 241-0199
An applicant for a Collection Agency Manager License must be at least 18 years old, have a high school diploma or equivalent level of education, and complete at least 6 months of full-time experience in account collection. Upon completing these requirements , the required exam administered by PSI Services, LLC must be passed (exam fee is $56.00). Finally, an application along with appropriate fee should be submitted to the Michigan Bureau of Licensing and Regulatory affairs. The application fee is $85.00 for non-owner managers OR no fee for owner managers.
- Stand-alone license
- State exam required
- No education required
- Experience required
- No criminal record requirements
License information updated 02/25/2020