Payday Loan Agents operating in the State of Illinois are required by the Director of the Division of Financial Institutions to execute an Illinois Payday Loan Bond to ensure compliance with licensure.
Bonds Express offers an Illinois Payday Loan 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 Illinois Payday Loan Bond holds you accountable for your business decisions.
By possessing an Illinois Payday Loan Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.