Getting an Insurance License with Bad Credit in Insurance Agent Forum Posted June 3, 2019 I don’t think a business related debt would prevent you from obtaining your state resident license, you haven’t been found guilty of any crime. I found information about this and each state is different. Here is South Dakota’s law on this and according to this chart SD doesn’t run a credit check. They have a list of what would cause a refusal or suspension of someone’s license: https://www.naaip.org/state-requirements-background-checks-insurance-industry-1.pdf For your state of SD, I found this https://law.justia.com/codes/south-dakota/2015/title-58/chapter-30/section-58-30-167/ You can definitely represent companies even with bad credit history but some carriers can also be selective about their review process. You may end up getting declined by a few companies but there is definitely opportunity to do well even if a few companies decline your background. You can also appeal a decline and explain everything to the carrier if you receive a decline.