California Debt Collector Bond
Flat Rates & No Credit Check
| Bond Amount Required | Bond Term | Annual Premium |
| $25,000 | 1 Year | $250 |
Debt collection businesses operating in California may be subject to licensing and regulatory requirements. Before purchasing a bond, applicants should confirm the specific license category and bond requirement applicable to their business.
Cost of the California Debt Collector Bond
The California Debt Collector Bond costs $250 annually for the required $25,000 bond amount. This bond has a one-year term. Complete the form to begin the bonding process.
How the California Debt Collector Bond Works
A debt collector bond is generally intended to provide financial protection for covered losses arising from the principal's failure to comply with applicable legal or licensing obligations. The exact purpose, obligee, and claim conditions depend on the specific California licensing program and bond form.
The bond involves three parties:
- Principal: Debt collector
- Obligee: Applicable California regulatory authority
- Surety: Bonding company
A claim against the bond may be filed when the principal fails to comply with covered obligations under the bond. The principal is responsible for reimbursing the surety for valid covered claims paid under the bond.
How to Get the California Debt Collector Bond
- Confirm the applicable California license and required bond amount.
- Complete the surety bond application.
- Pay the applicable bond premium.
- Receive the bond form.
- File the bond as required by the applicable California authority.
Learn more about your California surety bond options across the state.
Secure Your California Debt Collector Bond
Before securing this bond, verify that the $25,000 bond amount applies to your specific California debt collection license or regulatory requirement. Complete the form above to begin the bonding process or call 855-457-2196 for assistance.