Any person acting as a collection agency in Colorado, including out-of-state agencies collecting from Colorado consumers on behalf of Colorado or out-of-state creditors, or soliciting debts for collection from Colorado creditors. Required when: Application for a collection agency license is required prior to acting as…
Overview
What it is.
Any person acting as a collection agency in Colorado, including out-of-state agencies collecting from Colorado consumers on behalf of Colorado or out-of-state creditors, or soliciting debts for collection from Colorado creditors. Required when: Application for a collection agency license is required prior to acting as…
Who usually needs it
Any person acting as a collection agency in Colorado, including out-of-state agencies collecting from Colorado consumers on behalf of Colorado or out-of-state creditors, or soliciting debts for collection from Colorado creditors.
Pricing & timing
What to expect.
Generic pricing
Miscellaneous surety bonds cover a wide variety of obligations that don't fit neatly into other categories. Typical Pricing:. • Small bonds: May be available as flat-fee premiums starting around $100–$250. • Larger bonds: Commonly around 1–5% of the bond amount, though rates vary significantly by bond type. • Underwriting: Requirements vary — some bonds qualify for instant approval, others require full underwriting. Pricing varies significantly by the specific bond type, jurisdiction, and r…
Typical timeframe
Varies by bond type — contact for details
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateCOBond amount$12,000 plus an additional $2,000 for each $10,000 (or part thereof) by which t…Term lengthContinuousObligeeColorado Department of Law, Consumer Protection Section, Administrator of the Uniform Consumer Credit CodeRenewalThe bond must be maintained at all times. Licensees must renew their license annually by July 1, at which time the bond amount may be adjusted based on the previous year's collection volume.Bond classMiscellaneous OtherCategoryFinancial ServicesBondBondStatutory referenceC.R.S. § 5-16-124JurisdictionState
