Credit Services Organization Bond Information
Credit service and debt management professionals must obtain surety bonds to ensure their organizations conduct business in an ethical and lawful manner. The surety bond typically applies to those who sell or provide services to help improve a consumer's credit report, history or score. Businesses that obtain a loan or extension of credit for consumers are also often subject to the bond requirement. Valid third party claims against the surety bond vary across jurisdictions but commonly include; failure to perform contractual services, misrepresentation, fraudulent credit record actions, and improperly receiving money for services.
Credit Services Organization Bonds by State
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Arizona Debt Management BondArkansas Credit Services Organization BondCalifornia Credit Services Organization BondColorado Debt Management Services Provider BondDistrict of Columbia Credit Services Organization BondFlorida Credit Services Organization BondIllinois Debt Management or Credit Services Organization BondIndiana Credit Services Organization BondIowa Credit Services Organization or Debt Management BondKansas Credit Services Organization BondLouisiana Credit Repair Service Surety BondMaryland Credit Services Business Licensee BondMinnesota Credit Services Organization BondMissouri Consumer Credit Lenders BondNebraska Credit Services Organization BondNevada Credit Services Organization BondNorth Carolina Credit Repair Service BondOhio Credit Services Organization BondOklahoma Credit Services Organization BondOregon Debt Management License BondPennsylvania Credit Services, Debt Management or Consumer Discount BondsSouth Carolina Credit Counseling Special Deposit BondTennessee Credit Services Business BondTexas Credit Services Organization BondUtah Credit Services Organization BondVirginia Credit Services or Debt Management Business BondWest Virginia Credit Services Organization BondWisconsin Credit Services Organization Bond