1 (844) 589-9732

Texas Credit Services Organization Bond

The Texas Secretary of State requires credit repair companies to maintain a $10,000 Texas credit services organization bond for each location of a CSO. AmeriPro Surety Bonds offers this particular surety bond without a credit inquiry.  We offer this bond for $260 for a 3-year term.  Please call us today at: 844-589-9732.

Texas Credit Service Organization Bond |

AmeriPro Surety Bonds | 844-589-9732

Texas Credit Repair Bond

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

 

AmeriPro Surety Bonds is not connected to, either directly or indirectly, any local, state, or national groups involved in any way with the credit repair industry. All customers or potential customers are judged individually, based solely on meeting the criteria of having “good credit” to qualify for surety bond approval where required.

Texas Credit Services Organizations

 

 

 

Texas credit service organizations (CSO’s or “credit repair” companies) are regulated by the Texas Secretary of State, and, on a federal level, by CROA (Credit Repair Organizations Act).

CSO’s also utilize many of the federally mandated rules found under the Fair Credit Reporting Act (FCRA).

In Texas, CSO’s are also required to:

  • register with the Texas Secretary of State;
  • pay a $100 registration fee;
  • and post at least one $10,000 Texas Credit Service Organization Bond.

 

 

Texas Credit Services Organization Bond: Purpose

 

 

 

The purpose of the Texas credit service organization bond is to protect consumers from any acts of fraud, theft, or misrepresentation committed by a licensed Texas CSO, or its employees, in the context of their credit repair duties.

Should a consumer be able to prove any of these misdeeds, the surety company can pay up to the $10,000 surety bond amount.

However, the credit service organization surety bond, is not insurance or a liability insurance policy.

Accordingly, any amount paid by a surety would require the full reimbursement of the principal (the CSO and individual who has purchased the surety bond).

 

 

 

Texas Credit Services Organization Bond: Number of Bonds Required

 

 

 

The state requires a separate $10,000 Texas credit service organization bond for each CSO (credit repair) location in Texas.

 

 

 

Texas Credit Services Organization Bond: Duration

 

 

Our agency only offers this bond for a 3-year term; the premium will be $260.  We no longer offer this bond on an annual basis.

 

 

 

Texas Credit Services Organization Bond: Premium Amount

 

Our agency offers the Texas credit repair organization bond for $260 for a three year term.  We are no long offering this bond with an annual premium.

When you call our agency, we’ll take the application from you over the phone.  We’ll need a signed application, however, in order for us to proceed.

After receipt of the application and payment of the premium, our agency issues the bond to you for mailing and filing.  Upon receipt, you’ll sign your bond as Principal and file it to:

State of Texas, Secretary of State

Registrations Unit

PO Box 13550

Austin, TX 78711-3550

 

 

 

An Interesting Advantage that comes with this Bond:

 

 

 

While credit repair companies in Texas may not charge advance fees to customers, they may be permitted to do so, if they have the required credit repair bonds in place.

Still, even with the bond, there may be a violation of federal law, specifically, the Telemarketing Sales Rule.

In any case, consult the law, and if need be, legal counsel on this matter.

 

 

 

AmeriPro Surety Bonds

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency which provides bonds throughout Texas.

We also provide license and permit, contractor, court and fiduciary bond.

We truly work for you.

Please call our AmeriPro Surety Bonds today for your required Texas credit repair bond at:

 

 

 

844-589-9732

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. 

Indiana Replevin Bond

Indiana Replevin Bond AmeriPro Surety Bonds | 844-589-9732       Indiana Action of Replevin; Surety Bond and Purpose       An replevin action takes place in a civil litigation proceeding. The Plaintiff, permitted by order of the presiding...

Illinois Probate Bond

Illinois Probate Bond AmeriPro Surety Bonds | 844-589-9732       Surety Bond; Purpose       Probate is the legal process of “proving” a will. Probate may also be required when a decedent is intestate, that is, dies without a will, to...

Illinois Replevin Bond

  Illinois Replevin Bond AmeriPro Surety Bonds | 844-589-9732     Surety Bond; Purpose And Amount       An action of replevin, alternately referred to as a “writ of attachment” or sequestration, occurs when a Plaintiff, in a civil...

contact us

Office: 1 (844) 589-9732

Hours of Operation:

Monday – Friday 6 am to 5 pm (PST)