Bond
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…
Essential point: Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.
Amounts can vary
Selected requirement: "$12,000 plus an additional $2,000 for each $10,000 (or part thereof) by which …. Other available requirements: "$12,000 plus an additional $2,000 for each $10,000 (or part thereof) by which the average monthly sums remitted or owed to all of its clients during the previous year exceed $15,000. The total amount of the bond shall not exceed $20,000.". Exact options still depend on the obligee, state, and underwriting.
