The Pennsylvania Credit Services Organization Bond is required by the Commonwealth of Pennsylvania.Pennsylvania Credit Services Organization Bond

According to the Pennsylvania Credit Services Act, P.L. 1144, No. 150, a Credit Services Organization is a 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

In order to conduct business in Pennsylvania and receive payments before the full completion of the services, all Credit Services Organizations must obtain a surety bond. The Pennsylvania Credit Services Organization Bond ensures the organization’s faithful compliance with the Pennsylvania Credit Services Act. Furthermore, the bond protects any person damaged by violation of said Act.

The required amount for the Pennsylvania Credit Services Organization Bond is equal to 5% of the total amount of the credit services fees charged to buyers during the previous 12 months. The bond cannot be less than $5,000 and no more than $25,000. The required amount must be adjusted annually.

APPLY for your Pennsylvania Credit Services Organization Bond today!

The bond may be cancelled at any time by the Surety with 30-days written notice to the Credit Service Organization.

CLICK HERE for more information from the Pennsylvania Department of State.

Where can I get a Pennsylvania Credit Services Organization Bond?

It does not take long to process a Pennsylvania Credit Services Organization 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.

Surety1 is licensed in all 50 states and is rated A+ by the Better Business Bureau. Surety1 has been writing surety bonds in Pennsylvania since 2003.

How to Get Your Pennsylvania Credit Services Organization 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 Surety 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

Surety Bond Experts

Surety1 was founded in 2003 and helps thousands of clients find the best prices on their surety bonds. We take pride in our work so that we can give you great service. Learn more about Surety1.