Scott Bond Services is a nationally known leader in the arena of consumer lending license bonds.

Our reasonable underwriting requirements and competitive rates ensure qualified applicants an attractive proposal.

Who needs to obtain a Consumer Lending License Bond?

Consumer lending bonds are a category that includes various license types – Payday Advance/Deferred Deposit Lenders, Title Lenders, Auto Finance, Pawn Shops, and related businesses such as Check Cashers.

Will one Consumer Lending License Bond cover multiple states?

No. While some states do not have bond requirements, you will need to post a separate bond for each state that does. The required bond language is specific to each state and only supports a particular license. Our Bond Specialists are experienced with all state bond forms and will help ensure you get the proper bond for your license type.

What size Consumer Lending License Bond will I need?

This can depend on a variety of factors including the state, license type, and sometimes the number of locations. While there is potential for six or seven figure bond amounts in a few states, most required amounts are $50,000 or less.

What are the primary underwriting considerations for Consumer Lending License Bonds?

Time in business and/or the business owner’s experience usually plays a significant part. For clients needing larger programs, financial strength is a major factor. For clients needing smaller programs, the credit of the business owner is a primary consideration.

Are personal credit reports and personal guarantees required?

Personal credit reports are a standard underwriting tool, so yes, they are typically required. However, in a majority of cases, we are able to secure bonding without personal guarantees.

How quickly will I receive approval?

Typically, an underwriting response can be obtained in less than 24 hours!

How do I apply for a Consumer Lending License Bond?

  • Option 1 – You may complete the “Get a Quote” form above & one of our bond specialists will contact you.
  • Option 2 – You may call Joanna Carson at 434-832-2293. She will be happy to walk you through the process & answer any questions.
  • Option 3 – You may download & complete an application below. You will need Adobe Acrobat. Once completed, please submit to Joanna Carson at