California SB546 exempts certain billing agents from debt collection licensing requirements.

California SB546 amends the Financial Code to exempt specific billing agents from the state's debt collection licensing requirements. These agents are those who calculate, allocate, and deliver consolidated statements but do not engage in activities such as initiating legal action, reporting past due amounts, or threatening to report to consumer agencies. The bill also specifies that these agents are exempt if they do not initiate calls or texts to demand payment, threaten eviction, or enforce liens. The licensing requirement remains for other debt collection activities.

California SB546 exempts certain billing agents from debt collection licensing requirements.

California SB546 amends the Financial Code to exempt specific billing agents from the state's debt collection licensing requirements. These agents are those who calculate, allocate, and deliver consolidated statements but do not engage in activities such as initiating legal action, reporting past due amounts, or threatening to report to consumer agencies. The bill also specifies that these agents are exempt if they do not initiate calls or texts to demand payment, threaten eviction, or enforce liens. The licensing requirement remains for other debt collection activities.