1 (844) 589-9732

Minnesota Credit Services Organization Bond

The $10,000 Minnesota credit services organization bond is issued by our agency immediately upon the application and payment of the $100 premium. We can also file this bond electronically on your behalf through NMLS. Please call AmeriPro Surety Bonds now at:                   844-589-9732.

Minnesota Credit Services Organization Bond |

AmeriPro Surety Bonds| 844-589-9732

 

***We are currently not a market for this bond.***

 

Credit Repair Companies – Minnesota

 

 

 

Minnesota’s Commerce Department requires credit service organizations to register with the state, pay a fee, and provide evidence of obtaining surety bond. No formal training is required for licensing.

The state specifically defines credit services organizations as companies which:

  • Help consumers improve their credit rating;
  • Help consumers obtain credit;
  • Provide credit advice and assistance to consumers.

New and renewal licensees file their application and surety bond for the credit repair surety bond through National Multistate Licensing System, NMLS.

Once purchased through our agency, we can electronically file the surety bond on your behalf directly to NMLS.

 

 

 

Minnesota Credit Services Organization Bond: Amount Required – Qualifying – the Premium

 

 

 

The Minnesota credit services organization is a $10,000 surety bond required by statute.

Qualifying is quick, easy and does not have a credit check or the standard underwriting procedure.

When you call us, we’ll take your application over the phone. After your payment of $100, the bond is issued to you immediately. We can also electronically file the surety bond on your behalf through NMLS, and we can send a copy of the bond to you by email.

The original copy of the bond will be sent to you by regular mail. You also have the option of electronically filing this bond on your own.

 

 

 

Bond Term

 

 

 

The Minnesota credit services organization surety bond expires annually on June 30th. The bond must be renewed annually, unless you choose a prepayment option.

 

 

 

Premium Prepayment Options

 

 

 

While the standard surety bond term at a $100 premium is for one year (terminating on June 30th), you also have the option to prepay the bond for 2 or 3 years.

The premium breakdown is as follows:

  • If prepaid for 2 years, the premium is $180;
  • If prepaid for 3 years, the premium is $260.

The expiration date of the credit services organization bond is always June 30th regardless of the bond term.

 

 

 

The Purpose of Your Bond

 

 

 

This surety bond exists for the protection of the consumer. The bond is a financial guarantee that you will be in compliance with Sections 332.52  through 332.58 of the Minnesota Statutes.

The bond also protects those who suffer harm due to the failure of a credit repair company to follow current laws, and which in turn, harms the consumer.  Such consumer protections encompass wrongdoing and unlawful acts committed by employees, agents, managers, and officers of a credit repair firm.

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit surety bonds throughout Minnesota.

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 call you…

 

Request a Callback

  • Date Format: MM slash DD slash YYYY
  • Please note: We do not share or rent your address to anyone, except for underwriting purposes associated with your 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.

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.

apply today

recent news

Lost Cashier’s Check Bond | Lost Instrument Bond

If you’ve lost a cashier’s check or money order, to replace it, the banking institution will require that a “Lost Instrument bond” be purchased in order to re-issue it. Learn how to quickly purchase this bond with AmeriPro Surety Bonds.

Mortgage Broker Bond

A mortgage broker bond is a license and permit bond which states require to become properly licensed and which is also required to protect the public from wrongful acts committed by a mortgage broker.

Notary Public Bond California

A notary bond, also known as a notary public bond, is a bond that is required by the state of California to engage in the business of witnessing signatures on documents. 

Vermont Guardian Bond

Vermont Guardian Bond AmeriPro Surety Bonds | 844-589-9732       Vermont Guardians; Amount of Surety Required and Purpose       As a condition of your appointment as a Vermont guardian, you may have been informed that a surety bond is...

Vermont Replevin Bond

Vermont Replevin Bond AmeriPro Surety Bonds | 844-589-9732       Vermont Writ of Attachment/Replevin Bond; Amount and Purpose       An action of replevin occurs in a civil litigation proceeding.  The court permits the Plaintiff to seize...

Utah Guardian Bond

Utah Guardian Bond | AmeriPro Surety Bonds 844-589-9732       Guardian/Conservator Surety Bond; Amount and Purpose       A court-appointed Utah guardian is one who oversees the wellbeing of either a minor or an incapacitated adult.  As a...

contact us

Office: 1 (844) 589-9732

Hours of Operation:

Monday – Friday 6 am to 5 pm (PST)