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North Dakota Collection Agency Bond

by | Jan 15, 2020 | Instant Issue Bonds, License & Permit Bonds

The $50,000 North Dakota debt collection agency bond will cost you $375 annually. The bond may be prepaid for 2 years at $675, or for 3 years at $975. Please call AmeriPro Surety Bonds at 844-589-9732.

North Dakota Collection Agency Bond

AmeriPro Surety Bonds | 844-589-9732

 

 

 

North Dakota Collection Agency License

 

 

 

Collection companies licensed and operating in North Dakota are regulated by the state’s Division of Financial Institutions.

A condition of licensing or a renewal of an existing license is that you provide the Division proof of an active $50,000 surety bond.

The NMLS, Nationwide Mortgage Licensing System processes your licensing and registration requirements.

Our agency will file your bond to NMLS on your behalf after its purchase.

 

 

 

Qualifying and the Premium

 

 

 

You are automatically approved for the $50,000 North Dakota collection agency bond. There is no underwriter review nor a credit check, and the annual premium is $375, ¾ of 1%.

When you call us, we’ll ask the following information of you:

  • The name, exactly as it should appear on your surety bond;
  • Your contact information, which will include your address, email and phone number;
  • Payment of the premium

Upon payment of the premium, our agency will file your collection agency surety bond on your behalf to NMLS.

 

 

 

Premium Prepayment Options

 

 

 

Your premium of $375 is good for one, must be renewed by the anniversary, and is a continued requirement of licensing with the state of North Dakota.

Our agency offers you the ability to prepay your bond up to 3 years which will offer you a savings over annual renewals.

The premium prepayment option and savings are as follows:

  • If prepaid for 2 years, the premium is $675, a $75 savings;
  • If prepaid for 3 years, the premium is $975, a $150 savings.

 

 

 

Purpose of Your Surety Bond Requirement

 

 

 

The purpose of your surety bond is to serve as a financial guarantee which ensures your professional compliance with all laws dealing with debt collection in North Dakota.

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency which provides debt collection surety bonds wherever required nationwide.

We are also a provider of license and permit, court, probate, and other surety bonds through North Dakota and all 50 states.

Please call us today at:

 

844-589-9732

 

Or, you may fill out the form below and a Surety 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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