DEBT MANAGEMENT SERVICES PROVIDER BOND
American Surety Bonds Agency, LLC provides simplified and fast underwriting for Debt Management Services Provider Bonds.
What is a Debt Management Services Provider Bond?
A Services Provider Bond is a type of license bond that guarantees that the Principal will abide by the laws in place regarding the servicing of debts for a client. The bond guarantees that the provider will not participate in fraudulent activity and will pay the debtors according to the contract in place with the client.
The bond amount, obligation and effective date vary by state.
These Bonds are also known as:
- Debt Adjuster Bonds
- Credit Counseling Bonds
- Debt Counseling Service Bond
What are the underwriting guidelines?
The Bonds are underwritten on the following criteria:
- Bond Amount
- Bond Obligation
- Corporate and Personal Credit History
- Corporate and Personal Net Worth
- Length of Time in Business
How much does the bond cost?
American Surety Bonds Agency has a number of programs in place for Debt Management Services Provider Bonds. Our 5 tiered programs start at less than 1% of the bond amount with competitive rates for all applicants.
Contact us today to find out which program you qualify for.
How do I apply for a Debt Management Services Provider Bond?
To apply for a Bond, simply complete the bond application. Click here to download application our application and e-mail, fax or mail your application back to us to get started. Or, give us a call and we will be happy to get you started.
Apply today, Approved Today!
Who can I contact for more information?
MM, Senior Underwriter
Are there any other bonds I might need?