Licensed Financial Services Fees
| License | Fee |
|---|---|
| Loan company | $500 (see note 1) |
| Insurance premium finance company | $500 (see note 1) |
| Seller of checks | $500 (see note 2) |
| Sales finance company | $50 on gross volume of $100,000 or less, plus $15 on each $100,000 or part of $100,000 over $100,000 |
| Motor Vehicle Dealer | $20 if all vehicles sold on cash basis. $100 if dealer finances vehicles. (see note 4) |
| Adjustment service company | $200 (see note 3) |
| Collection agency | $200 (see note 5) |
| Collector or solicitor | $15 |
| Community currency exchange | $300 (see note 1) |
| Payday Lender | $500 (see note 1) |
Note 1: Plus a $300 non-refundable investigation fee.
Note 2: Plus $5 for each location in the state where checks are sold to a maximum of $1,500. Plus a $300 non-refundable investigation fee.
Note 3: Plus a $200 non-refundable investigation fee.
Note 4: Renewal is due every other year. If greater than $100,000 (within a year) of the contracts or leases are retained by the dealership, then dealer falls under the rules of a sales finance company.
Note 5: Plus a $1,000 non-refundable investigation fee.