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New Application Fees: $38-$150 HOW TO APPLY
Application Reviewed Within: 2 Weeks AFTER YOU APPLY
Renewal Fees: $150 OPERATING & RENEWING
Renewal Cycle: 2 Years OPERATING & RENEWING

About

Consumer Affairs, Department of City
Any business that seeks to collect personal or household debts from New York City residents must have a Debt Collection Agency License. This licensing requirement includes "debt buyers," businesses that buy overdue debt, and then try to collect money sometimes by taking consumers to court.
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