The Massachusetts Credit Services Organization Bond is required by the Commonwealth of Massachusetts. According to Massachusetts General Laws Title XV Chapter 93 Section 68A, a credit services organization is any person who sells, provides, or performs any of the following services in exchange for payment:
- Improving a buyer’s credit record, history, or rating
- Obtaining an extension of credit for a buyer
The Massachusetts Credit Services Organization Bond allows organizations to receive money prior to full completion of services. The bond also protects the buyer from any damages incurred by the organization’s failure to comply with Title XV Chapter 93 Section 68A of the General Laws of Massachusetts.
The required amount this Bond is $10,000.
Where can I get a Massachusetts Credit Services Organization Bond?
It does not take long to process this type of bond. We offer an easy to use online application that can be completed in a matter of minutes. After applying, within one business day you will be contacted by one of our licensed agents with a firm quote. You just need to complete some paperwork, make payment and your surety bond will be mailed to you via USPS priority mail. Overnight delivery is also available.
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Visit our State Guide of Bond Requirements for Credit Services / Credit Repair Businesses