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Check Cashing or Payday Lending Bonds


What is a Check Cashing Bond?

Check Cashing Surety Bonds (sometimes called Payday Lending Bonds) protect consumers in the event the check cashing company violates the state rules and regulations related to lending practices. Common risks include exceeding maximum interest rates, fraudulent practices, or misrepresentation of terms and conditions. These surety bonds are typically required as part of the business licensing process.

Check Cashing Bonds by State

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