Alaska Lost Title Bond: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain an Alaska Lost Title Bond At a Glance: Lowest Cost: $100 per year Bond Amount: Equal to one and a half times the appraised value of the vehicle Who Needs it: All individuals who have lost …
Texas Credit Services Organization Bond: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain a Texas Credit Services Organization Services Bond At a Glance: Lowest Cost: $100 per year or $10 per month Bond Amount: $10,000 Who Needs it: All credit services organizations (CSOs) operating in Texas Purpose: To …
Texas Debt Management Services Bond: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain a Texas Debt Management Services Bond At a Glance: Lowest Cost: 1% of the bond amount per year based on the applicant’s credit Bond Amount: Between $25,000 to $100,000 (more on this later) Who Needs …
Texas Third Party Debt Collector Bond: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain Texas Third Party Debt Collector Bonds At a Glance: Lowest Cost: $100 per year or $10 per month Bond Amount: $10,000 Who Needs it: All third party debt collectors operating in Texas Purpose: To ensure …
Texas Money Transmitter Bond: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain a Texas Money Transmitter Bond At a Glance: Lowest Cost: 1% of the bond amount per year based on the applicant’s credit Bond Amount: Between $300,000 to $2 million (more on this later) Who Needs it: …
Wyoming Mortgage Lender Bond: A Comprehensive Guide This guide applies to Wyoming mortgage lenders and mortgage brokers who also provide lending services. For information on the bond requirements for broker only mortgage companies in Wyoming, click here. At a Glance: Lowest Cost: $188 per year or $19 per month based on the applicant’s credit Bond …
Wyoming Mortgage Broker Bond: A Comprehensive Guide This guide applies to Wyoming mortgage brokers who don’t provide lending services. For information on the bond requirements for Wyoming mortgage brokers who do provide lending services, click here. At a Glance: Lowest Cost: $188 per year or $19 per month based on the applicant’s credit Bond Amount: …
Understanding Surety Bond Collateral Requirements September 14, 2021 In certain circumstances, your customers may be required to put up collateral to qualify for surety bond coverage. When faced with collateral requirements, your customers are likely to ask you something along the lines of “why do I need to put up assets as a prerequisite to …
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Wyoming Consumer Lender Bond: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain a Wyoming Consumer Lender Bonds At a Glance: Lowest Cost: 0.5% of the bond amount per year based on the applicant’s credit Bond Amount: Based on the annual dollar amount of residential mortgage loans originated (more …
Wyoming Collection Agency Bond: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain a Wyoming Collection Agency Bond At a Glance: Lowest Cost: 0.5% of the bond amount per year based on the applicant’s credit Bond Amount: $10,000 per licensed location Who Needs it: All collection agencies operating in …
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