State of Texas - Credit Services Organization Bond
This bond is required for businesses in Texas that offer credit repair or credit improvement services to consumers. These companies help people fix credit problems or improve their credit scores. The state requires this $10,000 bond to protect consumers from dishonest business practices or financial harm. If the credi…
Overview
What it is.
This bond is required for businesses in Texas that offer credit repair or credit improvement services to consumers. These companies help people fix credit problems or improve their credit scores. The state requires this $10,000 bond to protect consumers from dishonest business practices or financial harm. If the credi…
Who usually needs it
Credit services organizations (CSOs) in Texas—businesses or individuals providing paid services to improve consumers' credit history/rating, obtain credit extensions, or offer related advice/assistance—must obtain this bond for each business location when registering with the Texas Secretary of State, as required by Texas Finance Code Chapter 393.
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.
StateTXBond amount$10,000ObligeeState of TexasBond classLicense BondCategoryOtherBondState of Texas - Credit Services Organization BondPlain descriptionThis bond is required for businesses in Texas that offer credit repair or credit improvement services to consumers. These companies help people fix credit problems or improve their credit scores. The state requires this…Who needs this bondCredit services organizations (CSOs) in Texas—businesses or individuals providing paid services to improve consumers' credit history/rating, obtain credit extensions, or offer related advice/assistance—must obtain this …
