Collection Agencies: LAWDOG State Laws Credits & Collection

Collection Agency Licensing Requirements:

Collection Agency and Out-of-State Collection Agency: Complete application includes the following: (You can download these forms from your own desktop or work-station.)

Complete the Master Application.

Complete the Master Application Supplement for Collection Agency, Branch Office, Out-of-State Office form.

Provide a current Financial Statement showing liabilities and assets of $7,500 - of which $5,000 must be cash or liquid assets

Complete the Collection Agency or Out-of-State Collection Agency Surety Bond - $5,000 bond or cash deposit, trust account and a Washington office. A cashier's check payable to the Washington State Treasurer is required for a cash deposit.

List of persons with more than 20% interest in the business.

Appropriate Collection Agency Application fees as listed below:

Collection Agency:

Main office	$900 (includes a $250 investigative fee), re-registration after license expired over 30 days - $1,650
Branch office	$350, re-registration after license expired over 30 days - $900. A Collection Agency Branch license is now required for ALL branch offices inside or outside Washington State.

Out-of-State Collection Agency:

Main Office	$450 (includes $125 investigative fee), re-registration after license expired over 30 days - $825
Branch Office	$175, re-registration after license expired over 30 days - $450. Based on other states' laws, branch locations of Out-of-State Collection Agency license holders may be exempt from the $175 license fee. Please contact the Business & Professions Division at (360) 664-3439 for more information.

Note: If the home state of a qualified out-of-state applicant does not require license fees of non-resident, out-of-state agencies, the Washington fees can be waived. Must provide a copy of home state's laws.

Renewal Fees:

Collection Agency:

Main Office	$600, late renewal - $1,000
Branch Office	$350, late renewal - $550

Out-of-State Collection Agency:

Main Office	$300, late renewal - $500
Branch Office	$175, late renewal - $275

Note: If the home state of a qualified out-of-state license does not require fees of non-resident, out-of-state agencies, the Washington renewal fee can be waived. Must provide a copy of home state's laws.

Exam Required For: No examination required.

DEPARTMENT OF LICENSING
STATE OF Washington
Washington is a closed border state. A license is required prior to contacting debtors or soliciting clients in Washington

Licensing
Collection Agencies

Download Forms

MASTER LICENSE SERVICE
DEPARTMENT OF LICENSING
P. O. Box 9034
Olympia, WA 98507-9034
Tel: (360) 664-1400
Web Site: www.wa.gov/dol/bpd/colfront.htm.

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