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Indiana Credit Services Organization Bond

Indiana Credit Services Organization Bond

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Who Requires the Credit Services Organization Bond and Why Is It Needed?

Graphs. Credit Services Organization bond for those who offer professional credit services

A surety bond is required for Indiana Credit Service Organizations by the Office of the Attorney General, Consumer Protection Division in order to comply with the provisions of IC 24-5-15. The surety bond guarantees that the Credit Service Organization pays all financial damages and penalties as provided by IC 24-5-15-9 to any party financially harmed by the Credit Service Organization's violations of state laws. The bonded principal must also adhere the provisions of the Act and anyone having a cause of action under IC 24-5-15 may seek financial relief against the surety bond. A similar surety bond is required of Foreclosure Consultants planning to conduct business in the state of Indiana.

How Much Will My Surety Bond Cost?

Take 2 minutes to provide the basic information required to get the best rates for your Indiana Credit Services Organization 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.




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