1 (844) 589-9732

Mississippi Consumer Loan Broker Bond

The $25,000 Mississippi consumer loan broker bond is issued to you by our agency for a $250 premium. There is no credit check. After a few quick questions (i.e. the name on the bond, your address, etc.), and payment of the $250 premium, our agency issues this bond to you. Please call our agency today at 844-589-9732.,

Mississippi Consumer Loan Broker Bond

AmeriPro Surety Bonds | 844-589-9732

 

 

 

Consumer Loan Brokers – MS

 

 

 

Consumer loan broker businesses in Mississippi are regulated and licensed by the Department of Banking and Consumer Finance.

The Department requires your consumer loan broker business to obtain a $25,000 surety bond as one of the prerequisites for both new – and/or renewal – licenses.

 

 

 

Qualifying and the Premium

 

 

 

Every applicant for the $25,000 Mississippi consumer loan broker bond is automatically approved. There is no credit check nor underwriter review.

What this means for you is that after completion of a very short surety bond application — which we’ll take from you over the phone – our agency issues this bond to you immediately after payment of the $250 premium.

Once the bond has been issued, it is sent to you by the following business day. Upon receiving it, you’ll see the bond has our signature as Surety. You’ll need to sign your bond as Principal before filing the original surety bond with the Commissioner of Banking and Consumer Finance. Also, you’ll need to have your surety bond notarized.

Address:

The address where you’ll file your surety bond is:

State of MS Commissioner of Banking & Consumer Finance

P.O. Box 12129

Jackson, MS 39236-2129

Phone Number: 601-321-6916

 

 

 

Premium Prepayment Options

 

 

 

At a $250 premium payment, your consumer loan broker surety bond is issued with a term that renews annually.

The option exists to prepay your bond for up to 3 years. Prepayment of your premium saves you over year to year renewal of your bond, besides lengthening the time between renewals.

The premium prepayment options and savings are as follows:

  • If prepaid for 2 years, the premium is $450, a $50 savings;
  • If prepaid for 3 years, the premium is $650, a $100 savings.

 

 

 

Purpose of Your Surety Requirement

 

 

 

The consumer loan broker bond is a financial guarantee of your compliance with the Mississippi Consumer Loan Broker Act, and any amendments or additions to this law.  The bond is a financial guarantee which protects consumers who may be harmed by the failure of licensed broker to comply with any relevant statutes.

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit bonds throughout Mississippi. Our agency also provides surety bonds nationwide.

Please contact us today:

 

844-589-9732

 

Or, you may fill out the form below and an agent will contact you…

 

Request a Callback

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AmeriPro Surety Bonds

Our focus is exclusively surety bonds. We have two areas of concentration: YOU, our customer; and providing you with the surety bond that you need. Whether the bond is an "instant issue"; is for a contractor; a court bond; or one for a client with lower credit scores, AmeriPro Surety Bonds dedicates itself to providing our customers with a seamless, professional, and quick surety bond experience.

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Office: 1 (844) 589-9732

Hours of Operation:

Monday – Friday 6 am to 5 pm (PST)