License: Collection Agency Manager

Arkansas Department of Labor and Licensing Arkansas State Board of Collection Agencies external site

900 West Capitol Avenue

Suite 400

Little Rock, AR 72201

(501) 371-1434

A Collection Agency Manager supervises all phases of activity within a collection agency, trains collectors and other personnel who engage in the business of collections, has fiduciary responsibility for his or her clients' funds which they have collected, must be knowledgeable of Federal and State Law, must educate his or her employees as to proper conduct, etc. The Collection Agency Manager is affiliated with a licensed Collection Agency. Requirements: 1) Must be an employee of a licensed collection agency. 2) Must be at least 21 years of age. 3) May not be a sheriff, deputy sheriff, constable or other law enforcement officer. 4) Must be knowledgeable of the Arkansas Fair Debt Collection Practices Act and other applicable state and federal laws and regulations. 5) Must pass a credit check; OR provide proof of licensure from another state with a collection agency regulatory statute substantially similar to Arkansas. Registration fee: $20.00, Renewal fee: $20.00 per year