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Minnesota Collector Background Screening

For collector’s operating in Minnesota, a renewal background screening must be performed each year prior to the renewal of the collector’s license, among other requirements.

 

Cornerstone presents                      Collector Check

Cornerstone Support’s Collector Check helps you get all your collectors screened expediently and inexpensively.  Cornerstone ‘s Collector Check is your one-stop shop for background screenings.

 

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Collector Check - Assurance that you will avoid penalties

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Important facts about Minnesota’s background screening requirements for collectors:

When renewing a collection license in Minnesota an agency must legally attest to completing the Minnesota collector background screening requirements under penalty of law. Cornerstone Support offers a Criminal Background Screening Service which will allow you to rest assured that you have complied with Minnesota’s collector background screening requirements. 

Facts about Minnesota’s Background Screening Requirement:

  • The renewal screening must be completed no more than 60 days before the license expiration or renewal date and include the following:
    • A national criminal history record search; and
    • A county criminal history search for all counties in which the collector resided in the preceding year.
  • The renewal screening is not required if the collector’s initial background screening occurred within the preceding 12 months.
  • A collector is disqualified from being a Minnesota debt collector if, within the past 5 years the proposed or current representative has:
    • Been convicted of any felony;
    • Been convicted of a misdemeanor or gross misdemeanor involving fraud, identity theft, or any financial crime;
    • Incurred a civil judgment for failure to account to a client or customer for money or property collected by the representative; or
    • Had a license to practice law revoked or involuntarily suspended.
  • Link to the Minnesota’s background screening requirement (Subd. 8.)

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Ensure you’re up to date on major changes to state requirements

We stay up to date on the major issues that compliance officers face and the requirement enacted by the state, CFPB, TCPA, FCC, FCRA to ensure you don’t face penalties and fines.

We do more than just screen collectors – we also maintain licenses and compliance.

Maintaining your state licenses is a complicated and time consuming process. States are continually changing statutory regulations and application requirements making it very time consuming to stay informed.

It starts with a Free Coverage Analysis. We’ll identify where your organization is currently licensed to conduct collection activities and, conversely, where any gaps may exist in statutory compliance.

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Call: 866-598-4524

Who is Cornerstone Support?

  • Cornerstone works hard to stay current on state and federal licensing regulations.
  • Cornerstone assigns each company a specialist who gets to know your business personally.
  • Cornerstone works to streamline the process of getting licensed as quickly and efficently as possible.
  • Cornerstone has developed a full range of licensing services at a price that can save agencies money.
  • Cornerstone has an in-house bonds department for seamless surety bond writing.
  • Cornerstone has insurance options that are ARM industry specific.