IN earned wage access provider bonds.
2% of the bond amount.

A company offering earned wage access services to Indiana consumers licenses through the Department of Financial Institutions (DFI), filed through the Nationwide Multistate Licensing System (NMLS) under the state's Earned Wage Access Act. The license conditions on a surety bond; premiums cost 2% of the bond amount, $100 minimum, after a quick soft credit check that never affects your score.

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Required to license as an earned wage access services provider with the Indiana DFI

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Filed through NMLS alongside the rest of your DFI consumer credit licensing application

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2% of the bond amount, $100 minimum — enter your amount and see your exact price at application

From $1002% of the bond amount, $100 minimumSoft pull onlynever a hard inquiryFastinstant underwriting for most

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How it works

Apply to filed in one sitting.

No long underwriting queue for the standard EWA provider bond — enter your amount, pay, and attach it to your NMLS filing. Here is the whole thing:

TODAY · ONLINE

Apply online

Your company details, the bond amount your DFI license calls for, and the effective date — plus a one-time consent to a soft credit pull.

INSTANTLY

Issued

Most EWA provider bonds clear right after purchase — the soft pull informs pricing and never affects your score. Larger amounts may get a brief underwriter look.

SAME DAY

File through NMLS

Upload the executed bond to your NMLS filing to satisfy the DFI license or renewal. Wet-ink original mailed whenever the DFI insists.

About this bond

What it is and who needs it.

What the earned wage access bond actually guarantees

Indiana regulates earned wage access — products that let a worker draw against wages already earned before the regular payday — under the state's Earned Wage Access Act, administered by the Department of Financial Institutions. A provider must obtain a license, applied for through the Nationwide Multistate Licensing System (NMLS), the same portal Indiana uses for its other consumer credit licenses.

The bond conditions the license: it's a three-party arrangement between the provider (the principal), the surety carrier, and the State of Indiana, through the DFI (the obligee), with Indiana consumers who use the service as the protected parties. If a licensed provider violates the Act — mishandling consumer funds or failing to meet its statutory obligations — the DFI or an affected consumer can pursue a claim against the bond.

It is not insurance for the provider — if the surety pays a claim, the provider repays the surety. The DFI sets your required bond amount as part of your license approval; we price the bond at 2% of that amount, $100 minimum, and the application runs only a soft credit check.

Indiana Department of Financial Institutions — Earned Wage Access Act licensingThe Indiana Department of Financial Institutions licenses earned wage access services providers under the state's Earned Wage Access Act, with applications filed through NMLS. The DFI's published guidance confirms licensure is required and directs applicants to NMLS; confirm your exact required bond amount on your DFI license approval or by contacting the DFI's Consumer Credit Division before applying, as we could not independently verify a single statewide bond figure.

You need this bond if you are

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A company offering earned wage access services to Indiana consumers

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Applying for a new DFI license through NMLS

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Renewing an existing EWA provider license with an expiring or non-renewing bond

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Expanding an out-of-state EWA business into Indiana and adding the state to your NMLS filing

One application, issued instantly.

These are the actual issuing fields, including a one-time consent to a soft credit pull. The pull never affects your score, and your price — from a $100 minimum — is set at application.

Start the application →

FAQ

Common questions.

How much is the Indiana earned wage access provider bond?Premiums cost 2% of the bond amount, with a $100 minimum. The DFI sets your required bond amount as part of your license approval — enter that figure and your exact price appears at the application.

What amount should I enter?The bond amount your DFI license approval or NMLS filing specifies. If you haven't received that figure yet, contact the DFI's Consumer Credit Division before applying — we issue whatever amount you confirm.

What does the bond guarantee?That you'll operate your earned wage access business in compliance with Indiana's Earned Wage Access Act and the terms of your DFI license. If the DFI or a harmed consumer makes a valid claim, the bond backs it; you then repay the surety.

Do I pay the full bond amount?No. The bond amount is the surety's maximum liability if a valid claim is made — not a deposit, and nobody holds your money. You pay the 2% premium, $100 minimum.

Where do I file it?Through NMLS, attached to your Indiana DFI earned wage access license filing. We deliver the executed bond ready to upload.

Related bonds

Other Indiana bonds.

License your EWA business in Indiana.

2% of the bond amount, $100 minimum, soft pull only. Enter your amount and file through NMLS the same day.

Start application

Your premiumfrom $100

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