Title: Credit Services Organization
Alternate Title:
Description:
A Credit Services Organization is a business that, for a fee, offers the following services to consumers: improving the consumer's credit rating or history, obtaining credit for the consumer, or providing credit advice or assistance to the consumer. Minnesota Department of Commerce
Subject: Financial Institutions
Creation Date: 9/11/2008 2:12:16 PM
Modification Date: 8/14/2024 5:18:28 PM
Agency Name: Commerce, Minnesota Department of
Agency URL: https://mn.gov/commerce/
Agency Description:
The Minnesota Department of Commerce is the chief regulator for the banking, energy, insurance, real estate, securities, telecommunications industries and also operates Minnesota's Unclaimed Property.
Agency Phone: 651-539-1500
Agency Fax: Agency URL: https://mn.gov/commerce/
Agency Address:
85 7th Place East, Suite 500
St. Paul
MN
55101
Division Name: Financial Institutions Division
Division URL:
Division Description:
Division Phone: 651-539-1570
Division Fax: Division URL:
Audience:
Application URL: https://mortgage.nationwidelicensingsystem.org/slr/Pages/DynamicLicenses.aspx?StateID=MN
Renewal URL: https://mortgage.nationwidelicensingsystem.org/slr/common/renewals/Pages/default.aspx
Versa URL:
Requirements:
Review:
Debt Services
Credit Service Organization
Rules:
Statutes: 332A
332.52 - .62
Forms:
Fees:
Application fee - $1,000
An Electronic Surety Bond (ESB) for $10,000 must be filed in NMLS
Period of Issuance:
Expires June 30 annually.
Length of Determination: 30 days.
Other Info:
Activity: Credit Services Organization
License Detail URL:
Debt Services
Financial Institutions
License Lookup Directory

