Payday lenders (also known as deferred deposit originators or licensees) operating in California who engage in deferred deposit transactions must obtain this $25,000 bond as part of their licensing requirements under the California Deferred Deposit Transaction Law. This includes individuals or businesses that delay the deposit of a customer's personal check…
Pricing & timing
What to expect.
Generic pricing
Lost instrument bonds replace lost financial documents such as checks, stock certificates, bonds, or promissory notes. Typical Pricing:. • Smaller amounts: Often a flat fee or minimum premium. • Larger amounts: Commonly around 1–5% of the instrument's face value. • Credit check: May be required depending on the amount. Bond amounts are typically set at 100–200% of the instrument's face value. The issuing institution (bank, corporation, etc.) determines the bond requirements. Processing time…
Typical timeframe
General application — typically 1–3 business days
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.
StateCABond amountVaries by license type or projectObligeeCity of San Diego, CaliforniaBond classLost Instrument BondCategoryOtherBondSurety Instrument Deferred Payment AccountPlain descriptionLandfill Dumping FeesWho needs this bondPayday lenders (also known as deferred deposit originators or licensees) operating in California who engage in deferred deposit transactions must obtain this $25,000 bond as part of their licensing requirements under th…
