1 (844) 589-9732

Virginia Credit Services Organization Bond (VA Credit Repair Bond)

The Virginia credit services organization bond has a minimum/maximum requirement of $5,000 to $50,000. Please call AmeriPro Surety Bonds for this bond today at: 844-589-9732.

Virginia Credit Services Organization Bond

(Virginia Credit Repair Bond)

AmeriPro Surety Bonds | 844-589-9732

***We are no longer a market for this surety bond.***

Update July 2020:  Please note, we are only a market for the $25,000 to $50,000 Virginia credit services organization bond.  We offer this bond without a credit check inquiry.  Applicants will be automatically approved.  We are not a market for the $5,000 to $20,000 surety bond amounts. 

 

 

Credit Repair Companies – Virginia

 

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.

 

Credit repair companies operating in the Commonwealth of Virginia are regulated by the Virginia Credit Business Services Act.

As elsewhere in the United States, a Virginia credit repair company will want to be in compliance with CROA and the FCRA.

A feature of the Act is that Virginia credit repair companies must furnish the Commissioner with evidence of a surety bond in an amount prescribed by the Commonwealth.

 

 

 

Virginia Credit Services Organization Bond: Amount Required and the Cost

 

 

 

The Virginia credit services organization bond:

  • Has a minimum surety bond requirement of $5,000;
  • And a maximum surety bond amount of $50,000.

The amount that you will be required to furnish to the Commonwealth is determined by 100 times the fee you charge to your clients, subject to the minimum/maximum amounts listed above.

The cost of this surety bond to you (known as the premium) will be determined by information provided on your surety bond application and a credit score.

An applicant with very good credit may expect to pay $100 annually for the bond’s lowest amount, and about 1% of the $50,000 surety bond required.

 

 

 

The VA Credit Repair Bond’s Duration

 

 

 

The Virginia credit repair surety bond is typically issued for a period of one year. We may have options which permit a prepayment for several years for this surety bond, offering you a savings over an annual renewal.

 

 

 

The Purpose of this Surety Bond

 

 

 

The purpose of the Virginia credit services organization bond is to protect any of your customers from any failure to be in compliance with the Act or the violation of the same.

This surety bond, therefore, serves as a financial guarantee on their behalf.

Additionally, the financial guarantees afforded by means of this surety bond also extend to wrongful acts committed by any agents, employees, and managers of your credit repair company who violate the Act.

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency which provides license and permit, contractor, court, and fiduciary surety bonds throughout the Commonwealth.

Our agency also provides surety bonds nationwide.

Please call us today at:

 

 

 

844-589-9732

 

 

 

Or, you may fill out our 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. 

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)