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License Bond

Debt Management Service Provider Bond

Any person or entity applying for registration as a debt management service provider in Oregon, including those performing debt settlement, debt consolidation, credit repair, budget counseling, home loan modifications, or short-sale negotiations. Required when: Application for registration as a debt management service…

Overview

What it is.

Any person or entity applying for registration as a debt management service provider in Oregon, including those performing debt settlement, debt consolidation, credit repair, budget counseling, home loan modifications, or short-sale negotiations. Required when: Application for registration as a debt management service…

Who usually needs it

Any person or entity applying for registration as a debt management service provider in Oregon, including those performing debt settlement, debt consolidation, credit repair, budget counseling, home loan modifications, or short-sale negotiations.

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.

  1. Tell us the bond name, state, and amount on your form.
  2. Share business and applicant info so the team can quote it.
  3. Sign and pay; we issue the bond and send you the documents.
  4. 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.

Details

Bond details.

StateOR
Bond amount$25,000
Term lengthContinuous
ObligeeOregon Department of Consumer and Business Services, Division of Financial Regulation
RenewalThe bond is maintained electronically through the Nationwide Multistate Licensing System (NMLS). While the registration must be renewed annually by December 31, the bond remains in effect as long as the registration is …
Bond classLicense Bond
CategoryFinancial Services
BondDebt Management Service Provider Bond
Statutory referenceORS 697.642
JurisdictionState
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Next step

Ready to move forward?

Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.