The requirement for a license depends on everything pulled, which can be a keen “application” having condition licensing intentions. Another pointers pertains to “telemarketing” – whether or not the info is received via practical mobile phone solicitations, otherwise using internet lead generation.

• Sales agents exactly who accept programs for funds by themselves initiative of users and you can instead a binding agreement off a great licensee for sale of brand new get in touch with so you can licensees must become signed up within the Operate.
• Sales people whom get in touch with Georgia consumers and you may make a summary of potential domestic mortgage contracts less than a composed offer off an excellent licensee was not needed is signed up, provided:
• The new telemarketer causes it to be clear they are getting in touch with the user on behalf of (a) certain licensee(s);
• The price with the provider is found on good “flat-fee” base, perhaps not an effective “per-loan” base otherwise a sealed mortgage commission basis;
• The business need to be in the telemarketing providers and never would almost every other financial associated attributes to your licensee; and
• The organization might only collect restricted contact and you can low-particular possessions otherwise earnings advice. (more…)