Wisconsin Department of Financial Institutions (DFI) - Division of Banking - Licensed Financial Services Section


Please Note

We are a service company that can help you file with the Wisconsin Department of Financial Institutions (DFI) - Division of Banking - Licensed Financial Services Section. We are not associated with this nor any other government agency. We offer paid services and software to help you file. You are not required to purchase our service to file - you may file directly with this agency without using our service.


Contact Information

Physical address:
4822 Madison Yards Way
North Tower
Madison, WI 53705

Mailing address:
PO Box 7876
Madison, WI 53707

Phone: 608-267-3776

Web: Home Name search
Email: DFI_LFS@dfi.wisconsin.gov

Licenses

We track the following licenses with the Wisconsin Department of Financial Institutions (DFI) - Division of Banking - Licensed Financial Services Section in order to provide compliance services to our clients. As a client, you see this and other reference data in License Manager in-line with your licenses.

A laptop placed on a desk with our License Manager software on display

Wisconsin Collection Agency License

Agency:Wisconsin Department of Financial Institutions (DFI) - Division of Banking - Licensed Financial Services Section
Bond Requirements:

$25,000 if all entity records are maintained within Wisconsin and $35,000 if any records are maintained out-of-state.

Notes:

A non-resident is not required to obtain a collection agency license if that person conducts collection business with state residents solely by means of interstate telecommunications or interstate mail. If a non-resident physically enters Wisconsin to solicit accounts from creditors or to collect accounts, that person is required to obtain a Wisconsin collection agency license and have a Wisconsin office.

Initial Registration

Form:

Collection Agency License Application

Agency Fee:

$1,000 investigation fee + $200 license fee + an additional fee for each solicitor and a $15 license fee for each solicitor working outside of the office.

Notarize:Required

Registration Renewal

Agency Fee:

$200 + $15 license fee for each solicitor working outside of the office.

Due:

Annually by June 1.

Notes:

Renewal applications are sent to licensees about one month prior to expiration.

Supplemental Reporting
Annual Report

Agency Fee:

$0

Due:

Annually by March 15.

Notes:

Contact the division for a form.

Related Government Agencies

Explore other Wisconsin government agencies we can help you stay compliant with:


Order Registered Agent Service

In my opinion, their "Human Touch" element is what really makes this company stand out! I wouldn't go anywhere else!
JanaeLaw Offices of Donald W. Hudspeth, PC
It's awesome to know that Harbor Compliance is looking out for my customers' best interests and will only do what's right for them.
RyanFOUR16 CPA
© 2012 - 2022 Harbor Compliance. All rights reserved. Harbor Compliance does not provide tax, financial, or legal advice. Use of our services does not create an attorney-client relationship. Harbor Compliance is not acting as your attorney and does not review information you provide to us for legal accuracy or sufficiency. Access to our website is subject to our Terms of Use and Service Agreement.