Collection Agency Manager
- Exam
- No exam
- Education
- None
- Experience
- Experience
- Background check
- None
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
Requirements reported by the state
- Licence type
- Tied to business
- Exam
- No exam
- Education
- No education required
- Continuing education
- No continuing education requirement
- Certification
- No mention of certification
- Experience
- Experience
- Background check
- No criminal record requirements
- Physical requirement
- No physical requirements
- Military and veterans
- A temporary license available to military and spouses until formal license approval
Issuing body
- Department
- Arkansas Department of Labor and Licensing
- Board
- Arkansas State Board of Collection Agencies
- Address
- 900 West Capitol Avenue Suite 400 Little Rock, AR 72201
- Phone
- (501) 534-6413
- Agency website
- https://www.labor.arkansas.gov/licensing/arkansas-state-board-of-collection-agencies/home/
- Last updated
- June 28, 2024
Occupations (O*NET)
- Collection Agency Manager 43-3011.00
Source and verification
This record is Arkansas's report to the Analyst Resource Center, published by CareerOneStop (October 2024 export). Everything shown comes only from that report.
Before you apply, confirm every detail with Arkansas State Board of Collection Agencies — see the issuing body section above.
How we process this data. Not legal advice.