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New York Debt Collector bond

New York Debt Collector

New York requires a $25,000 debt collector bond.

New York Debt Collector bond, answered

How much is a debt collector bond in New York?
New York requires a $25,000 debt collector bond.
Who needs a New York 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 New York?
New York City DCA / NYS DFS oversees debt collection requirements in New York, 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: New York City DCA / NYS DFS

Quote your New York Debt Collector bond

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