All credit service organizations operating in Nevada, unless specifically exempt under NRS 598.706. Required when: Prior to advertising services or conducting business as a credit service organization in Nevada. Exemptions: Exemptions are listed in NRS 598.706 and include financial institutions, non-profit organizatio…
Overview
What it is.
All credit service organizations operating in Nevada, unless specifically exempt under NRS 598.706. Required when: Prior to advertising services or conducting business as a credit service organization in Nevada. Exemptions: Exemptions are listed in NRS 598.706 and include financial institutions, non-profit organizatio…
Who usually needs it
All credit service organizations operating in Nevada, unless specifically exempt under NRS 598.706.
Pricing & timing
What to expect.
Generic pricing
License bonds are required by state and local governments to ensure compliance with industry regulations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger license bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Same-day approval is typical for many common license bonds. Some license bonds may price higher de…
Typical timeframe
Issuance timeframe varies by bond type and underwriting
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateNVBond amount$100,000Term lengthContinuousObligeeNevada Department of Business and Industry, Division of Mortgage LendingRenewalThe registration must be renewed annually with the Division of Mortgage Lending. While the bond is continuous, the registrant must provide written proof of the bond's renewal or active status to the Division at least 30…Bond classLicense BondCategoryFinancial ServicesBondCredit Service Organization Surety BondStatutory referenceNRS 598.726, NRS 598.731JurisdictionState
