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Idaho Debt Collector bond

Idaho Debt Collector (Collection Agency)

Idaho requires a $10,000 debt collector bond.

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Direct answer

Do I need a debt collector bond in Idaho?

Idaho requires a $10,000 debt collector bond. Licensed commercial collection agencies in every state that conditions the agency license on a posted surety bond. Idaho Department of Finance oversees debt collection requirements in Idaho, including the bond filing. The bond renews annually alongside the underlying license.

Idaho Debt Collector bond, answered

How much is a debt collector bond in Idaho?
Idaho requires a $10,000 debt collector bond.
Who needs a Idaho debt collector bond?
Licensed commercial collection agencies in every state that conditions the agency license on a posted surety bond.
Who regulates debt collector bonds in Idaho?
Idaho Department of Finance oversees debt collection requirements in Idaho, including the bond filing.
How do renewals work?
Renews annually alongside the underlying license.
How do I get bonded?
Send state and license details Receive a per-state quote within one business day Bond signed and filed with the regulator

What you will need

  • State of license and license number
  • Two years of business financials
  • Owner credit authorization

How to get bonded

  1. Send state and license details
  2. Receive a per-state quote within one business day
  3. Bond signed and filed with the regulator

Regulator: Idaho Department of Finance

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Debt Collector bond requirements by state