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Oklahoma
Oklahoma City Pawnbroker Bond

400,000+ Bonds issued to 250,000+ satisfied customers.

Coverage Amount: $1,000
Term Length: 1 year
Cost: $100
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Oklahoma City Pawnbroker Bond Guide

If you’re applying for a pawnbroker license in Oklahoma City, you’ll likely need this surety bond. 

Bond Overview

  • Purpose: To provide financial recourse for any customers harmed by a fraudulent pawnbroker
  • Who Needs It: Pawnbrokers seeking a license in Oklahoma City
  • Regulating Body: The Oklahoma City Development Services Department
  • Required Coverage: $1,000
  • Premium Rate: $100

Learn all about the bond requirements and process in this guide.

What Is an Oklahoma City Pawnbroker Bond?

Oklahoma City pawnbroker bonds ensure that pawnbrokers comply with government regulations and protect clients and customers from potential fraud or theft. 

For example, if something happens to someone’s property that is being held as collateral, the surety bond will compensate the claimant up to the full bond amount.

How Much Do Pawnbroker Bonds Cost in Oklahoma City?

A $1,000 Oklahoma City pawnbroker bond costs a flat rate of $100. No credit check or application is required. Click below to buy your bond in minutes!

Bond Type
$1,000Oklahoma City Pawnbroker Bond

SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees. 

How Do I Get My Bond?

With SuretyBonds.com, you can buy your Oklahoma City pawnbroker bond instantly online. Just enter your information and checkout in minutes. 

We’ll email you the bond shortly after purchase. Be sure to file the bond with the Development Services Department as instructed. 

If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance. 

How Does an Oklahoma City Pawnbroker Bond Work? 

A pawnbroker bond creates a legal contract between three parties: 

  1. Principal: You, the pawnbroker filing the bond
  2. Obligee: The Oklahoma City Development Services Department requiring the bond
  3. Surety: The provider issuing the bond

This holds you financially responsible for upholding local ordinances and license regulations. 

If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you are ultimately responsible for refunding the surety. 

How Do I Renew My Bond?

These bonds expire annually. To renew your pawnbroker bond, simply pay your renewal invoice when prompted. 

We’ll begin contacting you by phone and email 90 days before the expiration date. 

More Resources

Call 1 (800) 308-4358 to talk with a Surety Expert

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