Oregon Launches Debt Buyer Licensing Application


November 13, 2017 (Sacramento, CA) – Earlier this month, the State of Oregon launched the application for its new Debt Buyer license. Pursuant to Chapter 625 of the Laws of 2017, Oregon becomes the first state in the nation to adopt a stand-alone licensure requirement for debt buyers. In most states that require a license for debt collection activity, debt buyers are generally considered “debt collectors” or “collection agencies” for that purpose.