A motor vehicle sales finance company (MVSF) is a person or business entity engaged in the business of extending consumer credit in conjunction with the installment sale of motor vehicles, including the reposession of autos.
The Motor Vehicle Renewal began on July 15, 2022. The renewal applications can be completed using The Portal. All renewals must be completed online by September 30, 2022.
The Portal User Guide can be found here.
Effective June 14th, all Non-Depository forms have been retired and will no longer be accepted.
- These forms include new license applications, branch applications, name change forms, address change forms, contact change forms, manager change forms, etc.
The Portal went live on June 14th.
- The Portal, is a web-based, self-service system designed to perform all the licensing and examination functions you currently perform using paper forms, mail, email, among several other systems.
- The Portal is significantly more efficient than prior methods allowing for attachments of any additional documentation and payment of any fees due to the department.
- The Portal ensures increased security over all prior methods of delivery.
- You must create a Keystone Login to access The Portal
- After creating your Keystone Login:
- If you are a new entity, you will be able to create your company and immediately file an application for a non-NMLS license such as Installment Seller, Collector-Repossessor, Sales Finance, or Consumer Discount Company License.
- If you are an existing entity with a license, you were sent an email on June 14th with a Join Code. By following the instructions in the email to log into The Portal with your Keystone Login and then apply your Join Code, you will be connected automatically to your existing entity and license(s) which will allow you to make any and all licensing changes.
- If you have not received your Join Code on June 14th
- Review any spam/junk filters
- Email Licensing at ra-AskLicensing@pa.gov and request your Join Code for your license (be sure to provide your license name, number, and contact information).
- The Portal User Guide can be found here.
Secretary's Letter on Cybersecurity (PDF)
The Department continues to work collaboratively with federal regulators, other states financial regulators, and other Commonwealth agencies to address cybersecurity challenges.
Federal Government Principles on Responding to Cyber Incidents
A Presidential Policy Directive (PPD-41) released on July 26, 2016, sets forth principles governing the federal government’s response to any cyber incident, whether involving government or private sector entities. For significant cyber incidents, PPD-41 also establishes lead federal agencies and an architecture for coordinating the broader federal government response. Learn more: http://bit.ly/2aeAUtZ
The Federal Financial Institutions Examination Council (FFIEC) members have issued a revised Management booklet, which is part of the FFIEC Information Technology Examination Handbook (IT Handbook). The IT Handbook is available here.
On December 1, 2014, Act 98 of 2013, which created a codified Consumer Credit Code
, became effective. Contained within the Consumer Credit Code is an updated, modernized and consolidated Chapter 62 that governs motor vehicle sales finance. This chapter repealed and replaced the Motor Vehicle Sales Finance Act. Please note that this change in law will not alter license renewals.