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Illinois Consumer Installment Loan Act Bond

Illinois Consumer Installment Loan Act Bond

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Who Requires the Consumer Installment Loan Act Bond and Why Is It Needed?

Graphs on tablet. Debt Management Services Bond for debt management business

A Consumer Installment Loan Act Bond is a type of surety bond required by the State of Illinois, Department of Financial Institutions. The purpose of this surety bond is to ensure the bonded company adheres to the rules and regulations set forth by the Director of Financial Institutions and complies with the provisions of the Illinois Installment Loan Act. Furthermore, the bond guarantees payment to the State any lawful amounts due to the state or others by virtue of the provisions of the Illinois Installment Loan Act.

How Much Will My Surety Bond Cost?

Take 2 minutes to provide the basic information required to get the best rates for your Illinois Consumer Installment Loan Act 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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