AmeriPro Surety Bonds offers the Oregon collection agency bond for both new and renewal business applicants.
We also offer the collection agency bond collection agencies domiciled in Oregon, and collection agencies with no offices in the state but who conduct business (attempting to collect) in Oregon.
There are two different bond amounts required.
The Oregon collection agency bond is issued to you within minutes (if not a minute) of calling our agency. All we'll need is the name, address, phone number, and email from you. Thereafter the bond is issued immediately. There is no credit check nor underwriter review for this bond.
Additionally, if you choose, you may prepay your bond for up to 3 years. Prepayment of the premium offers you a savings over year to year renewal of your bond, besides giving you the advantage of lengthening the time between renewals.
The premium prepayment options, premiums, and savings are as follows:
Oregon collection agencies are in the business of attempting to collect a debt, or an alleged debt, on behalf of a first or third party.
As all collections agencies are, companies operating in the state must here adhere to the provisions found in the Fair Debt Collections Practices Act (FDCPA) .
Oregon collection agencies companies are regulated by the Oregon Division of Financial Regulation.
Collection agency companies, however, register, apply, and pay their licensing fees through the NMLS.
Licensing to become properly licensed in Oregon as a collection agency involves:
In addition to the above, a collection agency will need to post a surety bond.
This is completed electronically though NMLS as well and AmeriPro Surety Bonds will assist you every step of the one with filing your surety bond.
The Oregon collection agency bond will be in one of two amounts:
The Oregon collection agency bond is a guarantee for the state of Oregon and the consumer public that the collection company will abide by any Oregon state and federal laws which govern collection agencies which do business in the state.
AmeriPro Surety Bonds is a surety bonds-only company which offers surety bonds of all types throughout Oregon.
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