An applicant for a Collection Agency Manager License must be at least 18 years old, have a high school diploma or equivalent level of education, and complete at least 6 months of full-time experience in account collection. Upon completing these requirements , the required exam administered by PSI Services, LLC must be passed (exam fee is $56.00). Finally, an application along with appropriate fee should be submitted to the Michigan Bureau of Licensing and Regulatory affairs. The application fee is $85.00 for non-owner managers OR no fee for owner managers.
