Debt Negotiation Licensing
Essential Statutes
Please reference the relevant Connecticut Statutes (§§ 36a-671 - 36a-671f, inclusive, and the Regulations before applying for a license.
Other Relevant Information:
- Order Establishing Requirements for Conducting Business from a Remote Location
- Schedule of Maximum Fees
- Opinion re: Mortgage Loan Licensure Requirement
- Declaratory Ruling re: Attorney Exemption
Note however: Connecticut Supreme Court decision
How to Apply:
If you wish to apply for a debt negotiator license you should begin by first reviewing Connecticut’s Jurisdiction-Specific Requirements along with Connecticut's debt negotiation licensing statutes, which provides the current licensing procedures and requirements applicable to debt negotiators.
If your company already has a completed record in the Nationwide Multistate Licensing System and Registry, then applying for a license in Connecticut merely involves filing your company's record (Form MU1), control person records (Form MU2), and relevant branch records (Form MU3) with Connecticut through the NMLS and mailing in the jurisdiction-specific requirements to the Department.
Go to the Getting Started page of the NMLS website and follow the steps outlined:
CONTACT
Connecticut Department of Banking
Consumer Credit Division
260 Constitution Plaza
Hartford, CT 06103-1800
Telephone: (860) 240-8200 or toll-free 800-831-7225
Fax: (860) 240-8215
WHO TO CONTACT - Contact Anne Cappelli by phone at 860-240-8206 or send your questions
via e-mail to anne.cappelli@ct.gov for additional assistance.