Nevada Credit Services Bond

The Nevada division of mortgage lending requires a Nevada Credit Services Bond as part of the licensing process. Before advertising its services or conducting business in the state of Nevada, an organization must register with the Nevada Division of Mortgage Lending and provide a bond in the amount of $100,000 with the Division.

What does the Nevada Credit Services Bond cover?

First you must understand that a surety bond does not protect you, the credit services organization. The bond is to protect the public from deceptive practices.  Under NRS 598.746, prohibited acts include Receiving money before complete performance; receiving money for referral to provider of Nevada Credit Services Bond credit; misleading statements; other fraudulent or deceptive acts. If the surety suffers a loss on the Nevada Credit Services Bond, it will seek reimbursement from the bond principal for the amount of the loss sustained and its legal expenses.

For more information, visit our video on “What is A Surety Bond?”

How do I get a Nevada Credit Services Bond?

We offer an easy to use, online application. Once we receive the application you will be contacted by one of our friendly and professional bond agents with a firm quote (in some cases additional information maybe required).  After receiving the quote, there will be some paper work you will need to complete and you will need to make payment, then the bond will be shipped. Overnight shipping is an option for an additional fee. Yoursuretybond.com is a service of Surety Solutions Insurance Services, Inc.; A+ rated bond specialists since 2003.

 

 

Find the surety bond that you need to get the jobs you deserve.

Contact Surety1 today and get started with a bond application to help your business thrive.


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