1 (844) 589-9732

The Maryland collection agency bond is a $5000 surety bond available from our agency with no credit check, at just $100 annually. Please call us at 844-589-9732.

Maryland Collection Agency Bond

AmeriPro Surety Bonds | 844-589-9732

 

 

 

Collections Agencies – Maryland

 

 

 

Collection agency businesses operating in Maryland are regulated by the state’s Department of Labor.

The state has elected to utilize NMLS (National Mortgage Licensing System) for both new and renewal licensees. The surety bond requirement is filed through NMLS; our agency can handle the filing of the surety bond on your behalf.

 

 

 

Amount of the Surety Bond and Qualifying

 

 

 

The Maryland collection agency bond is a $5000 surety bond. The bond amount increases in increments of $5000, for each Maryland collection agency location.

Most applicants will only require the $5000 surety bond.  Qualifying is both easy and involves no credit check.  After completion of a standard surety bond application (which can be done over the phone with the help of an agent); payment of the surety bond premium; the bond is issued to you immediately.

An emailed copy of the bond can be sent to you at no additional charge. We can also electronically file your surety bond to NMLS.

 

 

 

Pricing

 

 

 

There are 3 pricing options available for the $5000 Maryland collection agency bond.

Pricing options are as follows:

  • $100 for 1 year;
  • Prepaid for 2 years, $180;
  • Prepaid for 3 years, $260.

Pricing options can be offered for collection agency bonds with a higher dollar amount.

 

 

 

The Purpose of this Surety Bond

 

 

 

The purpose of the Maryland collection agency bond is to serve as a financial guarantee for any consumers against violations of the Maryland Consumer Debt Collections Act , and any amendments, or additions to the law.

As principal of this bond, you must indemnify the surety for any claims paid against your bond; however, the aggregate total of any such claims will not exceed the bond’s amount, excluding any attorney fees and other related costs.

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit, court, and fiduciary bonds throughout Maryland.

Our agency also provides surety bonds nationwide.

Please call us today at:

 

 

 

844-589-9732

 

 

 

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

 

 

Request a Callback

  • MM slash DD slash YYYY
  • Please note: We do not share or rent your address to anyone, except for underwriting purposes associated with your surety bond.
  • This helps us to find exactly the surety bond that you require. By the way, it's perfectly OK to not know the type of surety bond you need; that's why we're here!
  • This field is for validation purposes and should be left unchanged.

Request a Callback

  • MM slash DD slash YYYY
  • Please note: We do not share or rent your address to anyone, except for underwriting purposes associated with your surety bond.
  • This helps us to find exactly the surety bond that you require. By the way, it's perfectly OK to not know the type of surety bond you need; that's why we're here!
  • This field is for validation purposes and should be left unchanged.