Section 150.135  Fees

a)         The following fees shall be paid to the Division and are not refundable:

1)         Application Fees

A)        The fee for application for a license as a collection agency is $750.

B)        The fee for application for a license to operate as a branch office is $250.

2)         Renewal Fees

A)        The fee for the annual renewal of a license as a collection agency is $250.

B)        The fee for the annual renewal of a license for a branch office is $50.

3)         General Fees

A)        The fee for the restoration of a license is $50 plus payment of all unpaid renewal fees that were payable in the period between expiration of the license and restoration of the license.

B)        The fee for a certification of a licensee's record for any purpose is $20.

C)        The fee for a roster of licensees shall be the actual cost of producing the roster.

b)         All fees collected under the Act and this Part shall be deposited into the Financial Institution Fund.  All monies in the fund shall be used by the Division, as appropriated, for the ordinary and contingent expenses of the Division.  (See Section 8a of the Act.)

c)         Returned Checks

1)         Any person who delivers a check or other payment to the Division that is returned to the Division unpaid by the financial institution upon which it is drawn shall pay to the Division, in addition to the amount already owed to the Division, a fee of $50.

2)         The fees imposed by this Section are in addition to any other discipline provided under the Act.  The Division shall notify the person that fees shall be paid to the Department by certified check, money order, or any other method acceptable to the Division within 30 calendar days after that notification.

3)         If, after the expiration of 30 days from the date of notification the person has failed to submit the necessary remittance, the Division may automatically terminate the license or deny the application, without hearing.  Factors used by the Division to determine whether to automatically terminate the license or deny the application include, but are not limited to, whether the licensee has presented good cause justifying the delay and whether the licensee has previously failed to submit necessary remittances.

4)         Terminated or denied licenses may be restored or issued after the applicant pays all fees due to the Department.  The Director may waive the fees due under this Section in individual cases when the Director finds the fees would be unreasonable or unnecessarily burdensome.