Wyoming Division of Banking

Collection Agency Board

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Newsletters, Press Releases and Publications

 

    Attorney General Opinion - Convenience Fees - March 15, 2010
    The Collection Agency Board requested an opinion from the Office of the Attorney General regarding
    whether collection agencies operating in Wyoming are authorized to charge a convenience fee to Wyoming debtors. 

    The Opinion discusses the convenience fee issue and determines that, "since a convenience fee is not
    authorized by Wyoming law, a convenience fee may only be charged to a debtor if the debt arose in a non-consumer credit transaction and if the underlying agreement creating the debt expressly provides for
    such fees."

     


    Feds Set Rules for Collectors Calling on Relatives of Deceased Debtors.  Collecting is OK, but Must be Transparent, Guidelines Say.       Article published at Creditcards.com July 26, 2011      

     

    Newsletters

     

    Press Releases

    Solicitations for Collection Services  -  August 18, 2005              .pdf file

     

    Informational brochures

    1. Consumer's Rights Under Wyoming Statutes and Rules and Regulations     .pdf format

    2. Wyoming Collection Agency Board - Information pertaining to the Board and to obtaining a license to operate a collection agency in the State of Wyoming       .pdf format

     

    Federal Trade Commission - Fair Debt Collection Practices Act

     


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    August 17, 2011