The department shall issue a collection agency manager’s license or a collection agency license to an individual who meets all of the following requirements:
  (a) Has a high school diploma or demonstrates to the satisfaction of the department that the applicant possesses the equivalent of a high school education.

Terms Used In Michigan Laws 339.911

  • Collection agency: means a person that is directly engaged in collecting or attempting to collect a claim owed or due or asserted to be owed or due another, or, subject to subsection (2), repossessing or attempting to repossess a thing of value owed or due or asserted to be owed or due another arising out of an expressed or implied agreement. See Michigan Laws 339.901
  (b) Has had at least 6 months of full-time experience in the collection of accounts.
  (c) Has passed the examination approved by the department.
  (d) Is at least 18 years of age.
  (e) Is of good moral character.
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