Advance Fee Loan Brokers
Arizona Adds Consumer Finance & Debt-Related Licenses to NMLS July 1, 2017
NMLS is now receiving new application and transition filings for the following Arizona Department of Financial Institutions licenses. New applicants and existing licensees are now able to submit these records through NMLS.
- Advance Fee Loan Broker License
- Escrow Agent License
- Premium Finance License
- Sales Finance License
Note: Companies holding these license types are encouraged to submit a license transition request through NMLS by filing a Company Form (MU1) and an Individual Form (MU2) for each of their control persons. Additionally, for each branch holding these license types, companies are encouraged to complete and submit a Branch Form (MU3). Click here for more information.
This Registration is required of any person who for an advance fee or in the expectation of an advance fee, either directly or indirectly, makes procures, offers, or attempts to make or procure a loan of money or extension of credit.
Who is exempt from this Registration? Please review A.R.S. §6-1302
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If you are renewing your license OR not currently transitioning to the NMLS system, please click here.