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Nevada Credit Service Organization Bond

How much does a Nevada credit service organization bond cost?

A $100,000 Nevada credit service organization bond cost is subject to underwriting, meaning the price an applicant will pay for their bond is based on credit. Qualified applicants could pay as little as 1-3% of the total bond amount, meaning the cost of a bond for an applicant approved at 1% would be $1,000.

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Bond Type Bond Amount Cost*
$100,000 Credit Services Organization Bond $100,000 Starts at $1,000 GET A QUOTE

Give us a call at 1 (800) 308-4358 or submit an online bond request now. You’ll be contacted by an expert surety specialist who will walk you through our fast and easy bonding process!

What does a credit service organization bond protect?

A credit service organization bond protects the Nevada Department of Business and Industry and consumers from any negligent or illegal work performed by the organization or principal. If the principal performs their work in a manner that is harmful to the consumer, the bond may be claimed against. If a claim is filed, the surety company is responsible for paying the claim up to the full bond amount, at which point it becomes the princpal’s responsibility to reimburse the surety.

You can read more about the Nevada credit service organization bond requirement, the required bond amount, and what this bond protects in NRS 676A.390.

Submit an online bond request to receive a free, personalized quote on your California credit services bond!

How to become a registered credit service organization in Nevada

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To become a registered Nevada credit service organization you must first review section NRS 598.701 et seq. regarding trade and regulation practices to determine any applicable registration obligations. Once you have finished reviewing, you are ready to start the application process.

Send completed application and accompanying documents to:

Division of Mortgage Lending
1830 College Parkway, Suite 100
Carson City, NV 89706

How to renew your Nevada credit service organization registration

When applying for a registration renewal, the documents can be sent to the same address above.

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Additional Resources

Nevada Department of Business and Industry

NRS 676A.390

NRS 598.701 et seq.

Application for Credit Service Organization Registration

Business Practice Questionnaire

Application for Renewal of Registration

Nevada Division of Mortgage and Lending Statutes and Regulations

Chapter 767A: Uniform Debt Management Services Act