Skip to main content
Menu Icon
Close

InfoBytes Blog

Financial Services Law Insights and Observations

Minnesota Commerce Department extends filing deadlines for consumer credit licensees

State Issues Covid-19 Minnesota Consumer Credit Licensing

State Issues

On March 30, the Minnesota Commerce Department issued Regulatory Guidance 20-09 to consumer credit licensees. The guidance extends the deadlines to file annual reports originally due March 1 or March 15, 2020 to April 30, 2020, for the following consumer credit-related licensees: regulated lenders, motor vehicle sales finance companies, industrial loan and thrift companies, consumer small lenders, insurance premium finance companies, debt settlement services providers, and debt management services providers.