$100 is your GOOD CREDIT PRICE for a New Jersey Collection Agency License Surety Bond.
If you are engaged in the operation of a collection agency in New Jersey you are required under section 45:18 et. seq. of the State of New Jersey Statutes Amended to file a New Jersey Collection Agency License Surety Bond as a condition of licensure.
Bonds Express offers a New Jersey Collection Agency License Surety Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The New Jersey Collection Agency License Surety Bond holds you accountable for your business decisions.
By possessing a New Jersey Collection Agency License Surety Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.