Arkansas Collection Agency Bond

Arkansas Collection Agency Bond

Arkansas Collection Agency Bond


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What is an Arkansas Collection Agency Bond? 


Arkansas Collection Agency Bond's are required by Arkansas's State Board of Collection Agencies to obtain your Arkansas Collection Agency Bond. The Arkansas Collection Agency Bond amount is set at $25,000. 


The State requires a Collection Agency bond for :  


a $25,000 surety bond

 

Different parts of a bond:


 There are 3 parts to a Collection Agency surety bond. The Principal "YOU", The Surety Company, and the Obligee. The Principal is the business or individual applying for the Collection Agency Surety Bond. The Obligee is the individual or entity requiring the Surety Bond and the Surety Company is the company who provides the Surety Bond coverage.


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Program:


You can buy your Arkansas Collection Agency Bond (Apply) online immediately


Arkansas Collection Agency Bond Information and Requirements:


A collection agency license is the only thing that is required.