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Minnesota Collection Agency Bond

Minnesota Collection Agency Bond

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

A Collection Agency Bond is a type of surety bond required by Minnesota Statutes, Section 332.34, is to secure compliance by the bonded collection agency with terms of Minnesota Statutes, Section 332.31 to 332.45 and ensure faithful execution of other legal obligations arising out of the bonded collection agency's business conduct. This surety bond is written for the benefit of the State of Minnesota and anyone damaged financially as a result of the bonded collection agency's failure to comply with applicable Minnesota Statutes or other legal obligations.

How Much Will My Surety Bond Cost?

Some Minnesota Collection Agency Bonds are offered completely online without a credit check or any paperwork. Surety Bonds Direct has access to the lowest bond prices available in the market for applicants with good credit and bad credit.

It only takes a couple minutes to provide us with the information required for a free, no-obligation quote. Or if you prefer, 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 Minnesota surety bonds.

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