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Connecticut Consumer Collection Agency Bond

Bond Requirements and Online Application

The Connecticut Consumer Collection Agency Bond is required by the Commissioner of Banking of the state of Connecticut in the amount of $25,000. The bond states that the collection agency will faithfully account for all funds entrusted to them, collected and received as a collection agency. Surety1 can write this bond for as low as $188 for the year with a filled out application!

What are the requirements in order to get a Connecticut Consumer Collection Agency License?

Those who would like to operate a consumer collection agency must be licensed. The following requirements must be submitted:

  1. Certificate of AuthorityConnecticut Consumer Collection Agency Bond
  2. A completed application form, which must include pertinent information such as trade name, list of registered agent/s, bank account information, qualifying individuals
  3. Financial statements which should include a balance sheet, income statement, and statement of cash flows
  4. A copy of the business plan which should outline not just the marketing strategies but also products, target market, etc.
  5. A copy of the management chart of the agency
  6. A Connecticut Consumer Collection Agency Bond in the amount of $25,000.
    • Note: the cost to obtain the bond will only be a small percentage of this bond amount

CLICK HERE to learn more about Consumer Collection Agency Licensing from the CT Commissioner of Banking

Where can I obtain a Connecticut Consumer Collection Agency Bond?

Simply apply for your bond online with our easy-to-use, online application. Within one business day, one of our surety bond experts will contact you with a quote for your bond. Once any necessary paperwork is signed and the premium payment is collected, your bond will be shipped to you via USPS Priority Mail (overnight shipping options are available as well).

Surety Solutions Insurance Services, Inc. (Surety1) has been issuing surety bonds since 2003 and is licensed in all 50 states. The company represents over a dozen, “A” rated surety companies and maintains an A+ rating by the Better Business Bureau for its fast, reliable service.

 

How to Get Your Connecticut Consumer Collection Agency Bond

1. Complete an online application. It's free and no-obligation. 2. One of our surety experts will contact you with a firm quote and an agreement to sign. 3. Provide payment and your signed agreement, and then you will receive your Connecticut Consumer Collection Agency Bond!   If you have any questions, please call us at 877-654-2327.
HOW TO GET BONDED
1. Apply Online Using our Free & Secure Application 2. Get Your Free Quote Applications are No-Obligation 3. Get Your Bond Most Bonds are Approved in 1-2 Business Days

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