Collection Agencies Last updated 05/10/2021

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Fees

License Fee Description Exemptions
$120.00
None
$350.00
Certain out-of-state collection agencies; see ORS 697.031

Description

Persons attempting to collect a debt on behalf of a third party or collect upon their own debt using a name other than the name under which the debt was incurred, must register as a collection agency. Out-of-state collection agencies attempting to collect a debt in Oregon through means of interstate commerce are exempt from registration.

Duration

One year

Renewal Information

Renewal due date: Annually from initial registration date

Duplicate License Requirements

None

Processing Time

Processing Time Description
1 Month

Prerequisites and Requirements

Prerequisites

Listed on application form

Required Documentation

Listed on application form

Examination Information

None

Continuing Education Requirements

None

Bonding Requirements

$10,000 / $15,000 waiver if no Oregon office location and an Oregon trust fund account

Insurance Requirements

None

Additional Information

Other Information

Overnight mail address: 350 Winter St NE, Room 410, Salem, OR 97301-3881

Note: For the most current information, please visit our website at https://dfr.oregon.gov/business/licensing/financial/Pages/collection-agencies.aspx

Statutes, Administrative Rules, Ordinances

Other Detail Information

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