Texas Credit Services Organization Bond
Purchase your bond instantly online when you choose one of the 3 term options below. Save time and money by extending your bond term. Choosing a longer term now means you pay 25% less for your bond each year and forego the annual renewal process.
1 year term
2 year term - save $37.50!
3 year term - save $75.00!
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How much does a $10,000 credit services provider bond cost in Texas?
The Texas Secretary of State requires credit services providers to obtain a $10,000 surety bond. SuretyBonds.com issues Texas credit service provider bonds instantly for $150 for a one-year term. A 25% discount is available for subsequent years if multiple years of coverage are purchased.
If you’re ready to get bonded, call SuretyBonds.com at 1 (800) 308-358 or purchase your bond online.
Why do I need this bond?
By posting a credit services organization bond in Texas, principals (credit services organizations) pledge to perform all obligations duties and responsibilities under Chapter 393, Finance Code.
If the principal conducts unlawful business, the bond protects harmed parties from financial loss up to the full amount of the bond.
Purchasing the Texas surety bond you need is fast and easy when you work with the professionals at SuretyBonds.com. Get started now!
What’s the fine print?
Credit services organization bonds in Texas are continuous until canceled. To cancel the bond, the surety must give the Secretary of State written notice of cancellation at least 60 days prior to the effective cancellation date.
The address of the principal (credit services organization) must be listed on the surety bond form.
How to become a credit services organization in Texas
To become registered as a credit services organization in Texas, applicants must submit the following to the Secretary of State:
- completed registration application
- proof of security or a statement explaining why proof of security is not required
- registration fee
Each registration is effective for one year and can be renewed.
Ready to get started?
Call 1 (800) 308-4358 to talk with a Surety Expert today.