Can a collections manager operate in Michigan without a license?

The operation of a collections manager in Michigan without a license is illegal. This requirement ensures that individuals engaging in collection practices are properly trained and adhere to regulations designed to protect consumers. The licensing process typically involves meeting specific educational and ethical standards, which helps maintain integrity within the collections industry and ensures that collectors are knowledgeable about relevant laws and practices.

In contrast, operating under supervision, previous experience, or grace periods does not absolve the need for a license. Each of these scenarios does not meet the formal requirement established by state law, emphasizing the importance of obtaining a proper license when working in this capacity. This regulation is in place to protect both consumers from potential abuse and the integrity of the collections process.