As of January 1st, 2019 the state of Maryland has changed the bond requirement to $50,000.
If you are engage in the operation of a Credit Services Organization in the State of Maryland, you are required to execute a Maryland Credit Services Organization Bond to ensure compliance with §14-1908 of the Maryland Credit Repair Law.
Bonds Express offers a Credit Services Organization Bond with a 99% approval rate.
$350 is your GOOD CREDIT PRICE for a Maryland Credit Services Organization Bond.
If our rates aren’t already lower, we will beat any competitor’s quote.
* Best Guaranteed Rates require proof of a lower quote.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Credit Services Organization Bond holds you accountable for your business decisions.
By possessing a Credit Services Organization Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.