2. Complete the application form. Please complete as specifically instructed and have it signed and notarized. Please answer all questions.
3. Forward the State License Confirmation form to all states in which the business is currently licensed and operating.
Upon receipt of a complete application, processing time is approximately 45 days, at which time you will receive a letter of approval and a license certificate.
Consumer loan company licenses are renewed annually on Dec. 20, prior to the Dec. 31 expiration. The renewal fee is $400 per location.
How to License an Industrial Loan Company:
2. Complete the application form. Please complete as specifically instructed and have it signed and notarized. Please answer all questions.
3. Forward the State License Confirmation form to all states in which the business is currently licensed and operating.
Upon receipt of a complete application, processing time is approximately 45 days, at which time you will receive a letter of approval and a license certificate.
Industrial loan company licenses are renewed annually on Dec. 30, prior to the Jan. 15 expiration. The renewal fee is $300 per location.
Notice
DFI issued an advisory [PDF 115KB] to DFI-regulated lenders announcing the Department of Defense's final rule on limitations on consumer credit extended to military service members and their dependents.
For More Information
Contact
Rodney Gabbard by email or at 502-573-3390, ext. 251 with questions regarding applications, licensing, registration or exemptions.
Contact
Chris Thompson by email or at 502-573-3390, ext. 243 regarding regulatory or compliance questions.