Debt Management Service Provider
HB 2191 (2009)
Program includes all types of "debt management" services including debt settlement, some
loan modification activities, credit repair, debt proration and financial education programs.
Note: This registration replaces both the credit service organization and the debt consolidating
agency registrations.
"Debt Management Service" means performing any of the above activities for which a person
receives money or other valuable consideration or expects to receive money or other valuable
consideration. Debt Management Service Providers are required to be registered with the
Department of Consumer and Business Services.
