CT debt negotiator bonds.
$750 flat.

Connecticut licenses debt negotiators through the Department of Banking, and the license requires a $50,000 surety bond under CGS § 36a-671d. This is the unsecured-debt version of that bond — $750 flat, and the price you see is the checkout price. The bond issues the moment you pay; the application includes a soft credit pull only — it never affects your score.

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Required for a Connecticut debt negotiator license under CGS § 36a-671 et seq.

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Fixed price, fixed amount — $50,000 bond, $750, no quote process

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Multi-year terms available — set it up once for up to 3 years

A-ratedA.M. Best carriersInstantissuance at checkoutSoft pullnever a hard inquiry

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How it works

Three steps. One sitting.

The bond side of your Department of Banking license is the easy part. Here's the entire process:

NOW · ONLINE

Apply online

Business details, an effective date, and a soft-pull credit consent — a soft inquiry only, so it never affects your score. That is the entire application.

INSTANTLY

Pay & e-sign

This bond is checkout-priced at $750 flat, so it issues the moment you pay — no quote round-trip, no waiting on an underwriting queue.

SAME DAY

File with the Department of Banking

Your executed bond and power of attorney arrive by email, ready to file with your debt negotiator license application or renewal through NMLS. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

Connecticut requires anyone engaged in debt negotiation — negotiating an unsecured debtor's obligations with creditors on the debtor's behalf, for a fee — to hold a license from the Department of Banking. CGS § 36a-671d conditions that license on a surety bond written in an aggregate amount of $50,000 for each licensed location, with your main office covered by the bond itself and branch offices added by addendum.

It's a three-party arrangement: you (the principal), the surety carrier, and the State of Connecticut (the obligee), with harmed debtors as the protected parties. A debtor damaged by a licensee's failure to perform a written agreement, wrongful conversion of funds, or conduct that violates the debt negotiation statutes can recover against the bond — and the Banking Commissioner can also proceed on it for penalties, examination costs, and restitution.

It is not insurance for you — if the surety pays a claim, you repay the surety. The bond must stay on file for as long as you hold the license, so we track the term and send renewal notices 60 and 30 days out to keep your $50,000 filing continuous.

CGS § 36a-671dConnecticut General Statutes § 36a-671d requires a debt negotiation licensee to file a surety bond in an aggregate amount of $50,000 for each licensed location, and lets damaged debtors — and the Banking Commissioner — recover against it. This page is the standard unsecured-debt bond; a licensee that sponsors mortgage loan originators for residential mortgage loan work faces a higher tiered penal sum ($100,000 or $150,000 by loan volume). Confirm your required amount with the Department of Banking before filing.

You need this bond if you're

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Applying for a Connecticut debt negotiator license — the bond files with your NMLS application

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A debt settlement or debt relief company negotiating unsecured debts for Connecticut consumers

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Renewing your license and your current bond is expiring or non-renewing

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Adding a branch office that needs bond coverage under your license

One application, issued instantly.

These are the actual issuing fields — business details, an effective date, and a soft-pull credit consent that never affects your score.

Start the application →

FAQ

Common questions.

How much is the Connecticut debt negotiator bond?The premium is $750 flat — set by our carrier's rate book for this bond, the same for every licensee, and the price you see is the checkout price. The $50,000 bond amount is set by CGS § 36a-671d, so there is no quote process.

Do I pay the $50,000?No. You pay $750. The $50,000 is the surety's maximum liability if a valid claim is made against the bond — not a deposit, and nobody holds your money.

Is there a credit check?The application includes a credit consent, but it authorizes a soft credit pull only — a soft inquiry that never affects your score. No hard inquiry ever runs on this bond, and the $750 price does not change with the result.

Who can make a claim on the bond?A debtor harmed by a failure to perform a written agreement, wrongful conversion of funds, or conduct that violates the debt negotiation statutes can proceed against the bond — and the Banking Commissioner can also recover penalties, examination costs, and restitution on it. If the surety pays, you repay the surety.

What if I also negotiate residential mortgage debt?This is the standard $50,000 unsecured-debt bond. A debt negotiation licensee that sponsors mortgage loan originators for residential mortgage loan work faces a higher tiered penal sum — $100,000 or $150,000 depending on loan volume. Confirm your required amount with the Department of Banking before filing.

Related bonds

Other Connecticut bonds.

Finish your Department of Banking license today.

$750 flat, issued the moment you pay, soft pull only. Free until issued.

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Your price$750

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