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Indiana Securities Division

Securities Division > Resources for > Collection Agency Collection Agency

Collection Agency Licensing

  • All new Collection Agency applications and renewals are processed through the Nationwide Multistate Licensing System (“NMLS”)
  • Click here to go to the NMLS

Resources

If you believe that you have been the victim of a violation of the FDCPA you may contact the Indiana Attorney General Consumer Protection Division.

Frequently Asked Questions

What are the initial application requirements?

  • Collection Agency application filed through the NMLS
  • $5,000 original surety bond for each location
  • $100 filing fee for main office
  • $30 filing fee for each branch office

What are the renewal application requirements?

  • Renewal application packet is due by December 1 of the year in which the license expires
  • Requirements to renew the license is the same for obtaining an initial license

What is the licensing period?

  • A license expires on December 31st of the year in which the license was issued.
  • Collection Agency licenses must be renewed annually.