License: Collection Agency Collector

Collection Agency Collectors contact debtors to collect delinquent accounts, bills, or other forms of indebtedness, including but not limited to Non-Sufficient Funds checks. The collectors contact the debtors and attempt to persuade them to pay the amount due. Accurate records must be kept of all collections received and of the status of accounts. Additionally, collectors must be knowledgeable of and comply with State and Federal Law regarding the conduct of collectors. Requirements: 1) Must be an employee of a licensed collection agency. 2) Must possess patience, persistence, and tact, and be skilled in various modes of communications. 3) Must be knowledgeable of the Federal Fair Debt Collection Practices Act and A.C.A. -º17-24-101 et seq. No examinations are required for the collectors. The Agency Manager is required to educate and supervise the collectors. Registration fee: $20.00, Renewal fee: $20.00 per year. The Licensed Collection Agency is responsible for making sure the registration fee is paid.

  • Tied to business
  • No exam
  • No education required
  • No continuing education requirement
  • No experience required
  • No criminal record requirements
  • No physical requirements
  • A temporary license available to military and spouses until formal license approval
License information updated 06/28/2022