Utah Collection Agency License Guide

In Utah, any entity operating as a collection agency, collection bureau, or collection office must obtain a Collection Agency license. This license is required of anyone engaged in the business of collecting and receiving payments on debts owed by businesses or individuals.

The Collection Agency licenses are regulated and supervised by the Utah Department of Commerce - Division of Corporations and Commercial Code .

All license applications are available online on the Utah Business Entities - Collection Agency page via the Division of Corporations. If you are interested in engaging in the collection agency business, complete the following:

• Collection Agency License application form available here. This application form cannot be handwritten.

Note: As document links are updated regularly, they may have expired. If this is the case, go directly to the Utah Division of Corporations Collection Agency page to find the application you need.

Apart from a completed license application, you will also be required to provide the following:

• Assumed Business Name - Your assumed business name must be registered with the UT Division of Corporations. Corporations, limited partnerships, and limited liability companies must have their business name legally chartered by the Division.

Note: Entities engaged in the business of collecting payments from consumer credit transactions should contact the Utah Department of Financial Institutions for information on further requirements.You may contact the Department at (801) 538-8830.

Each Collection Agency license applicant is required to furnish an original surety bond. The bond should clearly state the full name of the agency principal, as well as the name and street address of the business.The bond should be furnished by a surety company authorized to conduct business in the state of Utah.

The bond must be issued for a period of one year. It is the applicant’s responsibility to renew it on time.

• Bond Amount : $10,000

All fees are non-refundable and non-transferable. Fees can be paid with credit card, cash, or a check/money order made payable to the State of Utah.

• Processing Fee : $32

The fully completed and signed license application must be filed in person or via mail.

Mailing Address:
Utah Division of Corporations & Commercial Code
PO Box 146705
Salt Lake City, Utah 84114-6705

Walk-In Address:
Heber M. Wells Building
160 E 300 S, 1st Floor
Salt Lake City, Utah 84111

For assistance or additional information regarding the licensing process and requirements, please contact the Division of Corporations and Commercial Code at corpucc@utah.gov or (801) 530-4849.