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Oklahoma Credit Service Organization Bond

How much does an Oklahoma credit service organization bond cost?

Credit services organizations in Oklahoma are required by law to obtain a $10,000 surety bond. Your exact surety bond cost will depend on a review of your credit report, your personal financial statement, and your company’s current business financials (if applicable). Applicants could pay as little as $100 at SuretyBonds.com.

The best way to find out exactly how much you’ll pay for your Oklahoma surety bond is to request your free bond quote now!

Bond Type Bond Amount Cost by Credit Score*
680 and up 679 - 600 599 or lower
Credit Service Organization Bond $10,000 Starts at 1% 2-6% 5%+ 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.

If you’re ready to purchase a credit service organization surety bond in Oklahoma, call SuretyBonds.com at 1 (800) 308-4358 or fill out our online bond request form now. We can provide your free, no-obligation bond quote within 1 business day of submitting your application!

Why do I need this bond?

This bond is required to ensure credit service professionals manage the services the organization has agreed to perform according to the Oklahoma Credit Services Organization Act. Illegal acts by an organization include:

  • Charge or receive any money or other valuable consideration prior to full and complete performance of the services the credit services organization has agreed to perform for the buyer
  • Make or counsel or advise any buyer to make any statement that is untrue or misleading
  • Make or use any untrue or misleading representations in the offer or sale of the services of a credit services organization or engage

Getting bonded is easy when you work with the experts at SuretyBonds.com! Click here to request your free bond quote now!

What’s the fine print?

Credit services organization bonds are in effect for one-year and must be renewed annually unless claimed against or cancelled. The surety has the right to cancel the bond if they give 30-days’ written notice to the obligee.

How to become a credit service organization in Oklahoma

All applicants must follow the proper process to become licensed with the state of Oklahoma. Applicants must submit the following.

  • $10,000 surety bond
  • Notarized application
  • All applicable fees

For more information, refer to the important links section below.

Take the first step toward becoming licensed in Oklahoma by purchasing your credit service organization surety bond quickly and easily!

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Get a FREE Credit Service Organization Bond Quote Today!

Oklahoma Licensee Requirements

Credit Services Organization Act

Credit Services Organization Applications

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