Who needs this bond
Credit repair companies, credit counseling services, and debt management providers registered in states that require a CSO bond.
Typical amount and term
Bond amount set by state, commonly 10,000 to 100,000 dollars. Premium 1 to 3 percent of bond amount.
What you will need
- State of registration and registration number
- Two years of business financials
- Owner credit authorization
How to apply
- Send state and registration details
- Receive a per-state quote within one business day
- Bond signed and filed with the state regulator