Small Loan Broker Bond
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Small Loan Broker BondThese bonds are used to protect consumers that are borrowers. It protects against wrongdoings of payday loan brokers and other small lending companies. Depending on the jurisdiction, payday loan bonds might also be called
small loan license surety bondsor
deferred presentment provider surety bonds.Penal amounts vary by state.
Depending upon credit this bond ranges from 1% to 10% sometimes higher. This bond largly depends on credit. Financing may be available on high rate bonds.
($125 minimum bond fee applies).
Once your bond is placed with us we will notify you between 30-90 days prior to renewal.
Now that you've discovered your bond, the process is very simple. You can apply right online here. Once we receive your info we begin shopping your bond. Once placed we eMail you the results. You decide how you'd like your bond shipped and we'll invoice you.