Montana Deferred Deposit Loan Licensee Bond

This surety bond is required by the State of Montana Department of Administration under MCA Section 31-1-705. The bond ensures that the bond holder will not cause a violation of the Montana Deferred Deposit Loan Act. The required amount is $10,000 for each location at or from which deferred deposit loan transactions are conducted with consumers in Montana. In most cases, the premium on this bond is as little as $100.

To Secure a Montana Deferred Deposit Loan Licensee Bond: 

  1. Complete an online application.
  2. One of our expert commercial surety agents will call and email you with the firm quote and an agreement to sign.
  3. Provide payment and your signed agreement, then you will receive your bond!

** all bonds are subject to the underwriting terms and conditions of the issuing company.