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Idaho Collection Agency Bond

Idaho Collection Agency Bond

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Who Requires the Collection Agency Bond and Why Is It Needed?

A Collection Agency Surety Bond is required by the State of Idaho Department of Finance. Also called a Surety Bond for Permittee under the Idaho Collection Act, the minimum penal sum of the bond is $15,000 pursuant to Idaho Code 26-2232. The bonds protect those damaged from the bonded principal or its representatives failure to properly account for and pay the proceeds of any collection made or funds received for payment or prorating to creditors, or failure to return to a debtor monies received in error.

How Much Will My Surety Bond Cost?

Take 2 minutes to provide the basic information required to get the best rates for your Idaho Collection Agency Bond. The quote request is free and there is no obligation to you. If you prefer, please call 1‐800‐608‐9950 to speak with one of our friendly bond experts. We can help guide you through the bonding process and identify the lowest cost in the market for your situation.

If you are interested in spreading out the cost of your bond over time, we can offer convenient financing plans for many types of surety bonds. More information will be provided with your quote.

List of Idaho surety bonds.

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