Debt consolidation license

in #dept2 years ago

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There is no such thing as a "debt consolidation license." Debt consolidation companies are not typically required to obtain a license in order to conduct business, although they may be required to obtain a license in order to do business in certain states. In most states, a debt consolidation company will need to be licensed as a collection agency or a financial services provider. Some states may also require debt consolidation companies to be licensed as credit service organizations.