Tennessee Collection Agency Licensing Requirements:
License Required:
Yes
Surety Bond:
$15,000 - $25,000
Licensing Fees
$150.00 - Application Fee
$600.00 - License Fee
$ 25.00 - Solicitor Cards (Each)
If your business is providing debt collection services in the State of Tennessee (TN), you may be required to have a Collection Service License issued by the Department of Commerce and Insurance's Collection Services Board.
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. An additional $1 fee per Collector/Solicitor may apply, and an additional $600 RegistrationFee will be due upon approval.
**Prerequisites may include registering with the TN Secretary of State and/or obtaining an Operator/Manager License.
License Required:
Yes
Surety Bond:
$15,000 - $25,000
Licensing Fees
$150.00 - Application Fee
$600.00 - License Fee
$ 25.00 - Solicitor Cards (Each)
If your business is providing debt collection services in the State of Tennessee (TN), you may be required to have a Collection Service License issued by the Department of Commerce and Insurance's Collection Services Board.
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. An additional $1 fee per Collector/Solicitor may apply, and an additional $600 RegistrationFee will be due upon approval.
**Prerequisites may include registering with the TN Secretary of State and/or obtaining an Operator/Manager License.
