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North Carolina Credit Repair Service Surety Bond

North Carolina Credit Repair Service Surety Bond

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Who Requires the Credit Repair Service Surety Bond and Why Is It Needed?

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

Credit Repair Service businesses in North Carolina must furnish a surety bond pursuant to NC General Statutes - Chapter 66 Article 30 § 66-222. The amount of the bond must be ten thousand dollars ($10,000) and its written in favor of the State of North Carolina. The purpose of the credit repair services surety bond is to indemnify any person damaged by the credit repair business' breach of contract or any violation of the Article. Anyone financially harmed may bring an action against the surety bond to recover damages. The aggregate liability of the surety is limited to actual damages and the statutory bond amount.

How Much Will My Surety Bond Cost?

Take 2 minutes to provide the basic information required to get the best rates for your North Carolina Credit Repair Service Surety 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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