Bond cost index
Consumer Discount Company Bond Cost
Consumer discount company bonds are the surety bonds required of lenders licensed under a state consumer discount company act, a license type used in several states for consumer installment lending. The bond backstops compliance with that act.
How much does a consumer discount company bond cost?
Bond amount is set by the state's regulator, often per licensed office. Premium runs 1 to 3 percent of the bond amount for well-qualified lenders. Term is usually one to three years. Premium for a consumer discount company runs about 1% to 15% of the bond amount per year, set by underwriting based on credit and financials.
Data as of 2026-06-17. Methodology v1.
Bond amount is set by the state's regulator, often per licensed office. Premium runs 1 to 3 percent of the bond amount for well-qualified lenders. Term is usually one to three years.
The bond amount for this bond is set by the obligee on a case-by-case basis rather than by a statewide statute, so there is no per-state table. These are estimated ranges, not quotes. Final premium is set by underwriting and depends on the bond amount, your credit and financials, the bond class, and the obligee. A firm number takes a short application.