Bond cost index
Installment Loan Lender Bond Cost
Installment loan lender bonds are the surety bonds states require of companies licensed to make consumer installment loans. The bond guarantees the lender will follow state installment lending law and treat borrowers fairly.
How much does a installment loan lender bond cost?
Bond amount is set by each state's regulator and often scales with licensed locations. Premium runs 1 to 3 percent of the bond amount for well-qualified lenders. Term is usually one to three years. Premium for a installment loan lender 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 each state's regulator and often scales with licensed locations. 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.