1 (844) 589-9732

Rhode Island Debt Management Services Bond

The $50k Rhode Island debt management services bond will have a premium of just $500 annually. Please call our agency at 844-589-9732.

Rhode Island Debt Management Services Bond

AmeriPro Surety Bonds | 844-589-9732

 

 

 

Rhode Island Debt Management Services License

 

 

 

Rhode Island’s Department of Business Regulation requires debt management services businesses to file a $50,000 surety bond as one of the conditions of licensing. Statutorily, the Department can require a greater surety bond amount.

Your bond, once purchased through our agency, can be electronically filed on your behalf to NMLS, the Nationwide Mortgage Licensing System.

 

 

 

Qualifying and the Premium

 

 

 

You are automatically approved for the $50,000 Rhode Island debt management services bond. There is no credit inquiry nor review by an underwriter, and the premium is just $500 annually.

When you call us, we’ll just ask you the following, which is essentially the basics:

  • The name exactly as it should read on your surety bond;
  • Your contact information, including address, email, and a phone number;
  • Whether you want us to electronically file the bond on your behalf, or if you prefer to do it yourself. If it is the latter, then we will mail the bond documents to you after issuance.

After payment of the $500 premium, our agency will issue the bond to you immediately.

The address of the Department of Business Regulation is:

State of Rhode Island Department of Business Regulation

Division of Banking

1511 Pontiac Avenue, Building 68-2

Cranston, Rhode Island 02920

 

 

 

Premium Prepayment Options

 

 

 

The $500 premium associated with your debt management services bond is good for one year. Thereafter, the bond renews.

You also have the option to prepay your bond up to 3 years. Prepayment of the premium offers you a savings over year to year renewal of your bond (and payment of your premium).

The premium prepayment options and savings are as follows:

  • If prepaid for 2 years, the premium is $900, a $100 savings;
  • If prepaid for 3 years, the premium is $1300, a $200 savings.

 

 

 

Purpose of Your Surety Bond Requirement

 

 

 

Your surety bond is a financial guarantee of your business and professional compliance with the Rhode Island Debt Management Services Act , as amended.

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency. We provide debt management services surety bonds nationwide where required.

Our agency is also a provider of license and permit, probate, and court surety bonds in all 50 states.

Please call us today at:

844-589-9732

 

 

 

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)