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Surety Bond

Consumer Credit License Bond

Alabama, USAInstant Bond

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About the bond

The Alabama Consumer Credit License Bond Surety Bond starts at $150.00 plus shipping costs and fees. Fill out the form to buy your bond instantly!

requirements

The State of Alabama requires the Consumer Credit License Bond

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agency

Warnock Agency

Oakwood, Georgia866-546-4605

The Warnock Agency Inc is located in Georgia and writes surety bonds for all 50 states and Washington D.C. Surety bonds are mailed to customers via USPS mail delivery, or overnight Fed-Ex delivery. The Warnock Agency Inc and EZ Surety Bonds has licenses in all 50 states, and can write any bond you may need!

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Surety Bond

Consumer Credit License Bond

Alabama, USAInstant Bond


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Frequently Asked Questions

What is a Consumer Credit License Bond?

The Consumer Credit License Surety Bond is required when the principal desires to obtain a license to engage in the business of mortgage lending or mortgage broker business within the State of Alabama.
The Consumer Credit License Bond is a binding agreement between the Principal and Obligee (State of Alabama), backed by the Surety Company.
The Principal must abide by the rules and conditions of the Alabama Mortgage Brokers Licensing Act (5-25-1 et seq., Code of Alabama 1975), the Alabama Consumer Credit Act (5-19-1 et seq., Code of Alabama 1975), and/or the Alabama Secure and Fair Enforcement for Mortgage Licensing Act (Act 2009-627), and the laws of the State of Alabama.

What is the bond amount and price of the Consumer Credit License Surety Bond?

The bond amount of the Consumer Credit License Surety Bond is amounts starting at 25,000.
The Consumer Credit License Bond starts at $150.00, plus shipping costs and fees.

How long does the Consumer Credit License Surety Bond last?

The State of Alabama Consumer Credit License Bond Surety Bond has a 1 year term, which means the bond will remain in effect until 1 year after the Start or Effective Date (Date Bond Should Start) ending on 12-31.

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Version: 202006-003