Michigan Collections Manager License Practice Test

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Prepare for the Michigan Collections Manager License Test with flashcards and multiple choice questions. Each question is equipped with hints and detailed explanations to enhance your understanding and readiness.

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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How long after receiving a completed application will the department issue a new license?

  1. 60 days

  2. 90 days

  3. 120 days

  4. 30 days

The correct answer is: 90 days

The timeframe for the department to issue a new license after receiving a completed application is set at 90 days. This period allows the department sufficient time to process the application thoroughly, ensuring that all necessary checks, such as background investigations or verification of qualifications, are conducted. This timeframe is designed to balance the need for a careful review of each application with the applicants' desire to receive their licenses in a timely manner. Understanding this timeline is crucial for applicants to manage their expectations and plan accordingly for their licensure process.