The California DFPI reminded licensees on October 30, 2026, that the annual assessment fee under the Debt Collection Licensing Act was invoiced through NMLS on September 30, 2026. Failure to pay by January 1, 2027, can lead to penalties.
What changed
Licensees are reminded of the payment timeframe and consequences of non-payment.
Compliance perspective
Licensees must ensure timely payment to avoid suspension or revocation of their licenses.
Need help keeping up with these changes?
Tell us where you operate and what licenses you hold; we'll handle the filings and renewals so changes like this do not catch you off guard.