North Carolina Collection Agency Licensing Requirements:
License Required:
Yes
Surety Bond:
$5,000 to $50,000
License Fee:
$1,000
Exemption:
For out-of-state collectors: Contact state authorities. Unofficially, licensing authorities may allow out-of-state agencies to bypass requirements if they do not solicit in state and/or work for instate clients.
If your business is providing debt collection services in the State of North Carolina (NC), you may be required to have a Collection Agency Permit issued by the Department of Insurance's Agent Services 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 NC Secretary of State and/or obtaining an Operator/Manager License.
License Required:
Yes
Surety Bond:
$5,000 to $50,000
License Fee:
$1,000
Exemption:
For out-of-state collectors: Contact state authorities. Unofficially, licensing authorities may allow out-of-state agencies to bypass requirements if they do not solicit in state and/or work for instate clients.
If your business is providing debt collection services in the State of North Carolina (NC), you may be required to have a Collection Agency Permit issued by the Department of Insurance's Agent Services 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 NC Secretary of State and/or obtaining an Operator/Manager License.
