1 (800) 308-4358
Mon-Fri 7am-7pm CST
  1. 1. Choose A State
  2. 2. Choose A Bond
  3. 3. Enter Your Contact Info
  4. 4. Receive Your Free Quote

Nevada Collection Agency Bond

How much does a collection agency surety bond cost in Nevada?

SuretyBonds.com offers Nevada collection agency bonds for different amounts depending on the monthly balance that the agency collects. The cost of this particular bond is determined by a review of the applicant’s credit report and is subject to underwriting. Applicants with excellent credit could pay as little as 1% of the required bond amount!

Ready to get bonded? Give us a call at 1 (800) 308-4358, or fill out an online bond request now.

Bond Type Bond Amount Cost by Credit Score*
680 and up 679 - 600 599 or lower
Collection Agency Bond (Monthly balance less than $100,000) $35,000 Starts at $350 $1,750-$2,800 $3,500+ Apply Now
Collection Agency Bond (Monthly balance less than $150,000) $40,000 Starts at $400 $2,000-3,200 $4,000+ Apply Now
Collection Agency Bond (Monthly balance less than $200,000) $50,000 Starts at $500 $2,500-$4,000 $5,000+ Apply Now
Collection Agency Bond (Monthly balance more than $200,000) $60,000 Starts at $600 $3,000-$4,800 $6,000+ Apply Now
*The bond premium rate quotes provided to you through this website are for pricing comparisons and quotation estimate purposes only. The bond rate quotes provided are based on general assumptions that may or may not be applicable to you and are subject to change at any time. These rate quotes do not constitute an offer of insurance, nor is any contract, agreement, or bond coverage implied, formed or bound by the provision of rate quotes. Bondability, final bond premium rate quotes and an offer of insurance, if any, will be determined by the insurance company providing your bond. You must contact us directly to obtain a quote for binding purposes.

Call SuretyBonds.com at 1 (800) 308-4358 or fill out our online bond request form now!

Why do I need this bond?

Nevada collection agency surety bonds ensure that collection agencies adhere to all terms listed in Chapter 649 of the Nevada Revised Statutes. Under these statutes, collection agencies are prohibited from performing the following acts:

  • using deceptive means or representations to collect any debt
  • assigning or transferring any claim or account after termination or abandonment, unless prior consent is given by consumer for the assignment
  • operating business or soliciting claims from any location or address other than the one listed on its license
  • harassing a debtor’s employer to collect a claim
  • advertising a claim for sale as a means to enforce payment
  • publishing any list of debtors except for the benefit of stockholders in relation to its internal affairs
  • and more

Connect with a surety expert now!

What’s the fine print?

If the bond is to be canceled or the liability reduced, the surety must provide notice to the state. These changes become effective 30 days after the receipt of the notice unless a later date is stated.

How to become a collection agency in Nevada

To become a licensed debt collection professional, an applicant must:

  • submit a completed Application for Licensing Collection Agency form
  • pay the initial application fee and initial licensing fee
  • post a surety bond in the proper amount
  • furnish financial statements showing the assets, liabilities and net worth of the agency
  • provide a detailed statement showing anticipated number of employees, anticipated dollar volume of accounts to be assigned and cash flow at the end of the first year of business
  • submit a list of Nevada clients
  • and more

Take the first step toward getting licensed by getting bonded today! Give us a call at 1 (800) 308-4358 or submit a bond request to get started.

Ready to get started?

Get a FREE Collection Agency Bond Quote Today!

State of Nevada Financial Institutions Division Department of Business and Industry

Chapter 649 - Collection Agencies

NRS 649.145 Conditions for Issuance of License

Conduct of Business; Prohibited Acts

Application for Collection Agency License

Free Shipping
30,000 Satisfied
Customers Nationwide
No Hidden Fees