FormaLite Collection Agency Licensing

Backed by 20+ years experience in the collection industry, FormaLite is a fully insured, woman-owned small business (WOSB) specializing in collection agency licensing, collection licensing renewals, collection licensing bonds and collection licensing auditing. We provide cost-effective licensing services tailored to our client’s specific needs – our focus is on taking as much of the process off the client’s hands as possible.

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Bill Text - SB-908 Debt collectors: licensing and regulation: Debt Collection Licensing Act.

   California enacted new licensing requirements for debt collectors effective January 1, 2022.  Contact us today for more information.  

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  https://leginfo.legislature.ca.gov/faces/billTextClient.xhtml?bill_id=201920200SB908

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Consumer Financial Protection Bureau Settles with Debt Collector for Engaging in Deceptive Debt Collection Practices in Three States | Consumer Financial Protection Bureau

The CFPB issues consent order against company for collecting in states they did not hold the required license!  Contact FormaLite today to discuss your licensing needs. 

https://bit.ly/CFPBLicensing

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Certain Lawmakers Think Ceasing All Collections Will Solve the COVID-19 Financial Fall-Out - Tell Congress Why That's Wrong!

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We become properly invested in being kind when we realize the power we possess in most situations to rescue another human from self-contempt. We start to be kind too when we realize how much we need others to be kind to us.

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Becoming Free - The Book of Life

To be free, ultimately, is to be devoted – in ways that might be strenuous – to meeting our own expectations.

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Don't: The B.S. of the American Religion - James Altucher

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Simplicity & Anxiety - The Book of Life

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