Georgia installment lender bonds.
$250 flat.
Looking for the Georgia mortgage broker bond?
Georgia licenses installment lenders, who make consumer loans of $3,000 or less under the Georgia Installment Loan Act, through the Department of Banking and Finance. O.C.G.A. § 7-3-21 requires a $25,000 surety bond for the primary location with the license application. Ours is $250 flat.
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How much does a Georgia installment lender bond cost?
$250 at the $25,000 amount, the same for every applicant.
Three steps. One sitting.
The GILA bond is a standardized NMLS filing. Here's the entire process:
Apply online
Business details, an effective date, and a term. That is the application. No credit check.
Pay & e-sign
This bond is checkout-priced at $250 flat, so it issues the moment you pay — your executed bond and power of attorney generate on the spot.
File through NMLS
The executed bond is delivered ready to associate with your Georgia license record via NMLS electronic surety bond tracking, satisfying the Department of Banking and Finance.
What it is and who needs it.
What the bond actually guarantees
Georgia's Installment Loan Act governs lenders making consumer installment loans of $3,000 or less, licensed since 2020 by the Department of Banking and Finance through NMLS. O.C.G.A. § 7-3-21 requires an applicant to provide a corporate surety bond with its application — $25,000 for the primary location, plus $5,000 for each additional location, capped at $100,000 total. This page issues the $25,000 primary-location bond.
It's a three-party arrangement: you (the principal), the surety carrier, and the State of Georgia (the obligee). The bond stands behind your compliance with the Act — the rate caps, fee limits, and collection rules that protect Georgia's small-dollar borrowers. Damaged parties can recover against the bond if a licensee violates the law.
It is not insurance for you — if the surety pays a claim, you repay the surety. The bond is continuous, tracked through NMLS, and must stay on file as a condition of the license; we track the term and send renewal notices 60 and 30 days out.
You need this bond if you're
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the $25,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose; a longer term is the same price per year, chosen at checkout.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
File through NMLS. The executed bond is delivered ready to associate with your Georgia license record via NMLS electronic surety bond tracking, satisfying the Department of Banking and Finance.
What sets the price
The premium is fixed at $250 at the $25,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.
No credit check.
One application, issued instantly.
These are the actual issuing fields — business details, an effective date, and a term. That is the entire application.
Start the application →Common questions.
Other Georgia bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Finish your NMLS installment lender filing today.
$250 flat, issued the moment you pay, no credit check. Free until issued.