Maine Supervised Lender Bond
Supervised lenders operating in the state of Maine must post a Maine supervised lender bond. This bond is required by the Maine Bureau of Consumer Credit Protection to guarantee a lender’s regulatory compliance with state regulations and safeguard the interests of clients. A $50,000 supervised lender bond for a one-year term is $300.
Bond Amount Required | Annual Premium |
$50,000 | $300 |
Overview
Supervised lenders operating in the state of Maine must post a Maine supervised lender bond. This bond is required by the Maine Bureau of Consumer Credit Protection to guarantee a lender’s regulatory compliance with state regulations and safeguard the interests of clients. A $50,000 supervised lender bond for a one-year term is $300.