Indiana Collection Agency Licensing Requirements:
License Required:
Yes
Surety Bond:
$5000 each office
Licensing Fee:
$100 plus $5 per annum, each unlicensed employee
$30 branch office
$80 – Renewal
Exemption:
For out-of-state collectors: Out-of-state collectors are exempt from licensing if [1] collecting for a nonresident creditor; and [2] collection activities limited to interstate communications |phone, fax, mail|.
If your business is providing debt collection services in the State of Indiana (IN), you may be required to have a Collection Agency License issued by the Secretary of State's Security Division.
Furthermore, the State may reject your application if you have not met certain prerequisites** prior to submission.
*This fee may have changed since this page was last updated.
**Prerequisites may include registering with the IN Secretary of State and/or obtaining an Operator/Manager License.
License Required:
Yes
Surety Bond:
$5000 each office
Licensing Fee:
$100 plus $5 per annum, each unlicensed employee
$30 branch office
$80 – Renewal
Exemption:
For out-of-state collectors: Out-of-state collectors are exempt from licensing if [1] collecting for a nonresident creditor; and [2] collection activities limited to interstate communications |phone, fax, mail|.
If your business is providing debt collection services in the State of Indiana (IN), you may be required to have a Collection Agency License issued by the Secretary of State's Security Division.
Furthermore, the State may reject your application if you have not met certain prerequisites** prior to submission.
*This fee may have changed since this page was last updated.
**Prerequisites may include registering with the IN Secretary of State and/or obtaining an Operator/Manager License.
