The cost of the bond can be as low as 1% for highly qualified applicants. The underwriting process is credit based and most applicants can be approved based solely on credit. For applicants with challenged credit, the premium can be more. Surety Solutions will shop your bond to multiple markets to obtain the best possible price. Additional underwriting requirements may be required depending on the specific application. We are licensed in all 50 states
Means a person who, with respect to the extension of credit by others, sells, provides or performs, or represents that he can or will sell, provide or perform, any of the following services, in return for the payment:
(1) Improving a buyer’s credit record, history or rating.
(2) Obtaining an extension of credit for a buyer.
(3) Providing counseling or assistance to a person in establishing or effecting a plan for the payment of his indebtedness, unless that counseling or assistance is provided by an authorized debt adjuster licensed pursuant to chapter 676 of NRS.
(4) Providing advice or assistance to a buyer on improving a buyer’s credit record, history or rating or obtaining an extension of credit for a buyer.
This means that credit repair organizations in the state of Nevada must be licensed. To obtain a license, an applicant must provide a Nevada Credit Services Organization Bond. For more information about license requirements, click here