License Renewal Services

Maintaining your state debt collection licenses is a complicated and time consuming process. We're here to help!

Cornerstone License Renewal Service

States are continually changing statutory regulations and application requirements, making it difficult to stay informed. Our licensing renewal specialists continuously monitor the state regulations concerning licensing and will keep your agency up to date on the important changes that may impact your state debt collection licenses.

Cornerstone License Renewal Service includes tracking renewal and annual report deadlines; preparing all renewal and annual report applications; submitting all completed renewal and annual report applications to the appropriate state department; and following up on the status of any submitted renewal and annual report applications.

How we Help
Cornerstone Comprehensive Service is the premier licensing service for collection agencies.
Process
01
Track
Stop stressing about missing an important deadline. Cornerstone Support monitors renewal and annual report dates so you won't get behind.
02
Prepare
We handle the complicated paperwork and applications for you. Our trusted professionals prepare the necessary renewal and annual report applications.
03
Submit
Once completed we submit all completed renewal and annual report applications to the appropriate state department.
04
Follow Up
Our team takes away the headache by following up on the status of any submitted renewal and annual report applications.
05
Report
Once the renewal is accepted, our team will upload proof of acceptance on the portal so that it can be seen and downloaded.
Results Guaranteed
Cornerstone Support guarantees the prompt and timely submission and delivery of each renewal and annual report package to the appropriate state department.

If we fail to meet the deadline and the agency has provided all necessary materials on a timely basis, we will pay any late fees that are incurred.
About Us
Frequently Asked Questions
Do licenses and registrations Expire?

Yes; most licenses and registrations renew on an annual basis.

If my company has more than one location, do I need more than one license?

Yes; many states require branch licensing for each physical location from which collection activity occurs.

How often do state statutes change?

State statutes change regularly, which is why reviewing your licensing scope on a yearly basis (at a minimum) is imperative to ensure proper licensing.

Do creditors that I collect on behalf of care about my licensing?

Yes; we are often asked by large credit grantors to perform an assessment on licensed collection agencies. Often, when gaps are identified, creditors will move their business to a properly licensed agency.