Nebraska Credit Services Organization Bond (NE Credit Repair Bond)
AmeriPro Surety Bonds | 844-589-9732
***As of August 2020, we are currently not a market for this bond.***
Credit Repair Companies – Nebraska
Credit repair companies who wish to lawfully operate in Nebraska must register with the Secretary of State by completing an application, and paying a $100 application fee. A credit repair company operating in the state must also furnish evidence of a $100,000 surety bond.
The Secretary of State even goes so far as to publish the names of credit service companies which are compliant with it directives.
Qualifying and the Premium
To qualify for the $100,000 Nebraska credit services organization bond through our agency involves completion of a short surety bond application, an underwriter review, and a credit check.
The application can largely be pre-filled with our agent over the phone; however, before an underwriter will review your application, it will require you to complete it along with your signature.
You will be required to have good credit in order for our agency to be able to approve your surety bond. Upon approval, the annual premium is 1.5%, $1500.
After receipt of the premium, our agency issues the bond to you immediately and it is sent to you within the following business day. Overnight options for delivery of your bond – and Power of Attorney – are also available for an additional fee.
Premium Prepayment Options
At $1500 premium, the Nebraska credit services organization bond is for one year. The bond renews on the anniversary of its issuance. An active bond must be on file with the Nebraska Secretary of State in order to lawfully operate.
Our agency also offers you the opportunity to prepay your bond for up to 3 years. Prepayment of the premium offers you a savings over year to year renewal of the bond’s premium.
The premium prepayment options and savings are as follows:
- If prepaid for 2 years, the premium is $2700, a $300 savings;
- If prepaid for 3 years, the premium is $3900, a $600 savings.
Purpose of Your Surety Bond Requirement
AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit bonds throughout Nebraska. Our agency also provides surety bonds nationwide.
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