205 ILCS 740/2.03: Exemptions.

This Act does not apply to the following:

1. Banks, including trust departments, affiliates, and subsidiaries thereof, and fiduciaries (except those who own or operate collection agencies);

2. Abstract companies doing an escrow business;

3. Real estate brokers when acting in the pursuit of their profession;

4. Public officers and judicial officers acting under order of a court;

5. Licensed attorneys at law;

6. Insurance companies;

7. Credit unions, including affiliates and subsidiaries thereof (except those who own or operate collection agencies);

8. Persons licensed pursuant to the Residential Mortgage License Act of 1987 when engaged in activity authorized under that Act;

9. Retail sellers collecting on retail installment contracts or retail charge agreements originated by the retail seller;

10. Unit Owner's Associations established under the Condominium Property Act, and their duly authorized agents, when collecting assessments from unit owners;

11. Any person under contract with a creditor to notify the creditor's debtors of a debt using only the creditor's name;

12. Persons licensed pursuant to the Sales Finance Agency Act when engaged in collection of accounts purchased or loans they made pursuant to that Act;

13. Persons licensed pursuant to the Student Loan Servicing Act when engaged in activity authorized under that Act;

14. Persons licensed pursuant to the Consumer Installment Loan Act when engaged in collection of loans that they originated under that Act;

15. Persons engaged in the business of originating loans of money pursuant to the Interest Act when engaged in collecting loans that they originated under that Act;

16. Motor vehicle retail sellers collecting motor vehicle retail installment contracts originated by the motor vehicle retail seller;

17. Any person licensed pursuant to the Consumer Legal Funding Act when engaged in activity authorized by that Act;

18. Any person licensed pursuant to the Pawnbroker Regulation Act of 2023 when engaged in activity authorized by that Act; and

19. Any person identified by the Department by rule.