Any nonprofit social service agency or nonprofit consumer credit counseling agency seeking to be licensed as a debt adjuster in New Jersey. Required when: Application for a license to engage in the business of debt adjustment or credit counseling. Exemptions: Attorneys-at-law of New Jersey not principally engaged as d…
Overview
What it is.
Any nonprofit social service agency or nonprofit consumer credit counseling agency seeking to be licensed as a debt adjuster in New Jersey. Required when: Application for a license to engage in the business of debt adjustment or credit counseling. Exemptions: Attorneys-at-law of New Jersey not principally engaged as d…
Who usually needs it
Any nonprofit social service agency or nonprofit consumer credit counseling agency seeking to be licensed as a debt adjuster in New Jersey.
Pricing & timing
What to expect.
Generic pricing
Miscellaneous surety bonds cover a wide variety of obligations that don't fit neatly into other categories. Typical Pricing:. • Small bonds: May be available as flat-fee premiums starting around $100–$250. • Larger bonds: Commonly around 1–5% of the bond amount, though rates vary significantly by bond type. • Underwriting: Requirements vary — some bonds qualify for instant approval, others require full underwriting. Pricing varies significantly by the specific bond type, jurisdiction, and r…
Typical timeframe
Varies by bond type — contact for details
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.
StateNJBond amount$50,000 for the principal office and an additional $25,000 for each branch offi…Term lengthContinuousObligeeNew Jersey Department of Banking and InsuranceRenewalThe bond remains in full force and effect indefinitely subject to cancellation by the surety. The associated Debt Adjuster license must be renewed biennially (every two years) by June 30 of odd-numbered years.Bond classMiscellaneous OtherCategoryFinancial ServicesBondDebt Adjustment BondStatutory referenceN.J.S.A. 17:16G-5JurisdictionState
