The Minnesota Department of Commerce licenses and regulates collection agencies and debt collectors. The following information provides information, resources, and forms for collections professionals to keep their licenses up-to-date.
IMPORTANT NOTICE FOR LICENSEES THAT USE THE PULSE SYSTEM
Effective December 11, 2012, the PULSE system will automatically generate an e-mail to you when certain changes to your license status occur, if you have a current e-mail address for business use on file in the system. Please see the list of the events table (.pdf) that will generate an e-mail notification.
Find out who needs a collections license under Minnesota state law.
How to apply for and obtain a collection agency license.
How to apply for and obtain a debt collector license.
Forms for collection agencies to include the Disclosure of Company Owners, Partners Officers.
Learn how to obtain a Certificate of Exemption.