Those engaged in the operation of a Credit Services Organization in the State of New Hampshire, you are required to execute a New Hampshire Credit Services Organization Bond to ensure compliance with New Hampshire Statutes 31-359-D(4). Per New Hampshire Statutes:
“The bond or trust account must be equal to at least 5% of the company’s yearly income under credit service contracts, but not less than $5,000 or more than $25,000, adjusted annually.”
Bonds Express offers a New Hampshire Credit Services Organization Bond with a 99% approval rate.
We can offer a GOOD CREDIT PRICE as low as .8% of the bond amount for a New Hampshire Credit Services Organization Bond. For the $5,000 – $10,000 bond amount, the minimum premium is $100.
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 New Hampshire Credit Services Organization Bond holds you accountable for your business decisions.
By possessing a New Hampshire 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.