This document was released by Utah Department of Commerce and contains the most recent official instructions for Collection Agency Application .
Q: What is the application process for a collection agency in Utah?
A: To apply for a collection agency license in Utah, you need to complete an application form and submit it along with the required documents and fees.
Q: What documents are required for a collection agency application in Utah?
A: The documents required for a collection agency application in Utah include a completed application form, a surety bond, a copy of the agency's business plan, financial statements, and background checks for each principal of the agency.
Q: How much is the application fee for a collection agency in Utah?
A: The application fee for a collection agency license in Utah is $500.
Q: Is there an annual renewal fee for collection agency licenses in Utah?
A: Yes, collection agency licenses in Utah need to be renewed annually, and the renewal fee is $250.
Q: Are there any additional requirements for collection agency license applicants in Utah?
A: Yes, in addition to the application and fees, applicants must also pass a background check and provide proof of financial responsibility.
Instruction Details:
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