Iowa Code § 537.6203 (2026)

1. A person required to file notification shall pay to the administrator an annual fee of fifty dollars. The fee shall be paid with the filing of the first notification and on or before January 31 of each succeeding year.

2. A person required to file notification who is a seller, lessor, or lender and who is not an assignee shall pay an additional fee at the time and in the manner stated in subsection 1 of ten dollars for each one hundred thousand dollars, or part thereof exceeding ten thousand dollars, of the average unpaid balances, including unpaid scheduled periodic payments under consumer leases, of obligations arising from consumer credit transactions entered into or modified by the person in this state and held on the last day of each calendar month during the preceding calendar year and held either by the seller, lessor, or lender, or by an immediate or remote assignee who has not filed notification. The unpaid balances of assigned obligations held by an assignee who has not filed notifications are presumed to be the unpaid balances of the assigned obligations at the time of their assignment by the seller, lessor, or lender.

3. A person required to file notification who is an assignee shall pay an additional fee at the time and in the manner stated in subsection 1 of ten dollars for each one hundred thousand dollars, or part thereof exceeding ten thousand dollars, of the average unpaid balances including unpaid scheduled periodic payments payable by lessees, of obligations arising from consumer credit transactions entered into or modified in this state, taken by the person by assignment and held by the person on the last day of each calendar month during the preceding calendar year.

4. In addition to the penalties provided by section 537.6113, subsection 3, the administrator may collect a charge, established by rule, not exceeding seventy-five dollars from each person required to pay fees under this section who fails to pay the fees in full within thirty days after they are due.

5. Moneys collected under this section shall be deposited in a consumer credit administration fund in the state treasury and shall be used for the administration of this chapter. The moneys are subject to warrant upon certification of the administrator and are appropriated for these purposes. Notwithstanding section 8.33, the moneys in the fund do not revert at the end of a fiscal period. [C75, 77, 79, 81, §537.6203] 89 Acts, ch 68, §7; 2007 Acts, ch 22, §98; 2017 Acts, ch 138, §23 Referred to in §537.5301, 537.6113\n\n 537.6204 Reserved.\n\n ARTICLE 7 DEBT COLLECTION PRACTICES Referred to in §537.1101, 537.1201, 537.3621, 537.3624, 631.17\n\n 537.7101 Short title. This article shall be known and may be cited as the “Iowa Debt Collection Practices Act”. [C75, 77, 79, 81, §537.7101] \n 537.7102 Definitions. As used in this article, unless the context otherwise requires:

1. “Administrator” means the person designated in section 537.6103.\n\nTue Dec 09 22:02:54 2025 Iowa Code 2026, Chapter 537 (58, 3) 65 CONSUMER CREDIT CODE, §537.7103\n\n 2. “Creditor”, for the purposes of this article, means the person to whom a debtor is obligated, either directly or indirectly, on a debt.

3. “Debt” means an actual or alleged obligation arising out of a consumer credit transaction, consumer rental purchase agreement, or a transaction which would have been a consumer credit transaction either if a finance charge was made, if the obligation was not payable in installments, if a lease was for a term of four months or less, or if a lease was of an interest in land. A debt includes a check as defined in section 554.3104 given in a transaction in connection with a consumer rental purchase agreement, in a transaction which was a consumer credit sale or in a transaction which would have been a consumer credit sale if credit was granted and if a finance charge was made, or in a transaction regulated under chapter 533D.

4. “Debt collection” means an action, conduct or practice in soliciting debts for collection or in the collection or attempted collection of a debt.

5. “Debt collector” means a person engaging, directly or indirectly, in debt collection, whether for the person, the person’s employer, or others, and includes a person who sells, or offers to sell, forms represented to be a collection system, device, or scheme, intended to be used to collect debts.

6. “Debtor”, for the purposes of this article, means the person obligated. [C75, 77, 79, 81, §537.7102] 87 Acts, ch 137, §3; 89 Acts, ch 128, §4; 95 Acts, ch 139, §17 Referred to in §80A.1, 85.27, 537.1303, 537.6201, 715C.1 \n