IL consumer deposit bonds.
From $100. Enter your amount.

Under the Illinois Consumer Deposit Security Act, a lessor that takes security deposits on consumer leases must either keep them in a separate account or post a $10,000 surety bond with the Attorney General guaranteeing the deposits are refunded. The price is 2% of the bond amount, $100 minimum, and the application collects no credit information; enter your amount and see your exact price.

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Lets a lessor post a bond instead of segregating deposits under the Consumer Deposit Security Act

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Filed with the Illinois Attorney General — guarantees the refund of consumer-lease security deposits

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2% of the bond amount, $100 minimum, no credit fields — the Act sets a $10,000 bond; enter your amount and see your exact price

2% rate$100 minimum premiumNo SSNin the applicationFastoften issued on the spot

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How it works

Apply to filed in one sitting.

No underwriting queue for this bond — enter your amount, pay, and file with the Attorney General. Here is the whole thing:

TODAY · ONLINE

Apply online

Your business details, the bond amount (the Act sets $10,000), and the effective date — that is the entire application.

INSTANTLY

Issued on the spot

The application collects no credit information and there is no waiting — the executed bond is generated as soon as you pay.

SAME DAY

File with the Attorney General

Submit the executed bond to the Illinois Attorney General so you can hold consumer-lease deposits without segregating them. Wet-ink originals mailed on request.

About this bond

What it is and who needs it.

What the consumer deposit bond actually covers

Illinois' Consumer Deposit Security Act (815 ILCS 165) governs the security deposits a lessor collects on a consumer lease — a lease of consumer goods for more than four months with a total obligation of $25,000 or less. The Act protects the consumer's deposit so it actually comes back at the end of the lease.

A lessor that takes such deposits has two choices: hold each deposit in a separate account at a bank, trust company, or savings and loan, or post a $10,000 surety bond with the Attorney General guaranteeing the refund of the deposits. The bond is the option that frees the lessor from segregating every deposit.

The bond runs to the State for the benefit of the consumers entitled to their deposits. If a lessor fails to refund a deposit it owes, the harmed consumer can recover against the bond — and if the surety pays, the lessor repays the surety. Note: this is a consumer-goods lease bond; it is distinct from residential landlord-tenant deposit rules under 765 ILCS 710.

815 ILCS 165 (Consumer Deposit Security Act)Under the Illinois Consumer Deposit Security Act (815 ILCS 165), a lessor who takes a security deposit on a consumer lease — consumer goods, term over four months, total obligation $25,000 or less — must either place each deposit in a separate account or post a $10,000 surety bond with the Attorney General guaranteeing the refund of the deposits. This Act covers consumer-goods leases and is separate from the residential Security Deposit Return Act (765 ILCS 710). Confirm your obligation with the Attorney General.

You need this bond if you are

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A lessor of consumer goods collecting security deposits on leases over four months

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A rent-to-own or equipment-lease company that prefers a bond over segregating deposits

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Operating across many leases and want one bond instead of many separate accounts

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Asked by the Attorney General to post the Consumer Deposit Security Act bond

One application, issued on the spot.

Submit the application with your bond amount — the executed bond is generated instantly, ready to file with the Attorney General.

Start the application →

FAQ

Common questions.

How much is the Illinois Consumer Deposit Security Act bond?The Act sets a $10,000 bond amount; the price is 2% of the bond amount, $100 minimum — set by the amount you enter, not a credit tier. If your paperwork names a different amount, enter it and your exact price appears at the application.

Is this the same as a residential security deposit?No. This bond is for consumer-goods leases under the Consumer Deposit Security Act (815 ILCS 165). Residential landlord-tenant security deposits are governed separately by the Security Deposit Return Act (765 ILCS 710), which is not a bonding statute.

Why would a lessor post the bond instead of a separate account?The Act gives lessors a choice: segregate every deposit in its own account, or post one $10,000 bond with the Attorney General. The bond is simpler for a lessor handling many leases — one filing instead of many accounts.

Is there a credit check?The application collects no credit information — there's no SSN or credit section to fill out. Most applications approve instantly; if a check ever runs, it's a soft pull that won't touch your score.

Where do I file it?With the Office of the Illinois Attorney General, which administers the Consumer Deposit Security Act. We issue the executed bond ready to submit.

Related bonds

Other Illinois bonds.

Consumer deposit bond, issued today.

From $100. The Act sets a $10,000 bond amount, and you can file the same day.

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