Minnesota Debt Collector bond
Minnesota Debt Collector
Minnesota requires a $20,000 debt collector bond.
Minnesota Debt Collector bond, answered
- How much is a debt collector bond in Minnesota?
- Minnesota requires a $20,000 debt collector bond.
- Who needs a Minnesota debt collector bond?
- Licensed collection agencies in every state that conditions the agency license on a posted surety bond.
- Who regulates debt collector bonds in Minnesota?
- Minnesota Department of Commerce oversees debt collection requirements in Minnesota, 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
- Send state and license details
- Receive a per-state quote within one business day
- Bond signed and filed with the regulator
Regulator: Minnesota Department of Commerce
Quote your Minnesota Debt Collector bond
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