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Washington Collection Agency Bond

Washington Collection Agency Bond

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

Collection Agencies in Washington must furnish a surety bond as a precondition to receiving and maintaining a license. The license holder must keep the surety bond in full force and effect through all licensing periods. The Collection Agency Bond is required by the Department of Licensing of the state of Washington in accordance with the provisions of the Revised Code of Washington. The surety bond guarantees that the license holder will comply with all rules and regulations adopted by the Director of the Department of Licensing, all the provisions of Chapter 19.16 RCW of the State of Washington, and will pay all amounts that may be adjudged against license holder for code or rule violations pertaining to conduct of the license holder’s business as a Collection Agency or Out-of-State Collection Agency.

How Much Will My Surety Bond Cost?

Some Washington 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 Washington surety bonds.

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