Florida Credit Counseling Bond


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A Florida Credit Counseling Bond is a type of surety bond required by the state of Florida for businesses and individuals that provide credit counseling, debt management, or related financial services. The bond ensures that these businesses comply with state regulations and operate ethically while managing client funds.

Purpose of the Bond

The bond serves as financial protection for consumers who use credit counseling services. It ensures that the bonded company:

  • Operates in compliance with Florida laws.
  • Handles client funds responsibly.
  • Does not engage in fraudulent or deceptive practices.

If a credit counseling agency violates state laws, a claim can be made against the bond to compensate affected consumers.

Who Needs This Bond?

Any business or individual operating as a credit counseling organization, debt manager, or financial consultant in Florida may be required to obtain this bond as part of their licensing process.

Bond Amount & Cost

  • The required bond amount is determined by the Florida Office of Financial Regulation (OFR).
  • The actual cost (premium) depends on various factors such as the applicant’s credit score, financial history, and business experience.

How to Get a Florida Credit Counseling Bond

  1. Check Requirements – Verify with the Florida Office of Financial Regulation (OFR) if a bond is required for your business.
  2. Apply with a us – Submit an online application and receive a quote instantly.
  3. Pay the Premium – Once approved, you’ll pay a percentage of the total bond amount.
  4. Bond Issued – Print off the bond and then submit the bond with the appropriate licensing authority.

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