Kentucky publicly traded consumer loan bonds.
$1,500 flat.
Kentucky licenses consumer loan companies through the Department of Financial Institutions, and KRS 286.4-410 conditions the license on a surety bond, filed through NMLS. This is the $250,000 bond for publicly traded companies; privately held lenders post $100,000 instead. Ours is $1,500 flat.
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How much does a Kentucky publicly traded consumer loan bond cost?
$1,500 at the $250,000 amount, the same for every applicant.
Three steps. One sitting.
Even at the $250,000 amount, this is one of the simplest filings in surety. 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 $1,500 flat, so it issues the moment you pay — your executed bond and power of attorney generate on the spot.
File through NMLS
Kentucky consumer loan company bonds are filed through NMLS for the DFI's review. Your executed bond arrives by email, ready to attach to your license record — wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
Kentucky's consumer loan company law, KRS Subtitle 286.4, licenses lenders that make small consumer loans at the rates the subtitle authorizes — administered by the Department of Financial Institutions through NMLS. Under KRS 286.4-410, the license rides on a surety bond: $250,000 for a publicly traded company, $100,000 for a privately held one.
It's a three-party arrangement: you (the principal), the surety carrier, and the Commonwealth of Kentucky (the obligee). The bond stands behind your compliance with Subtitle 286.4 — the licensing, rate, and conduct rules that protect Kentucky borrowers — and gives a consumer harmed by a violation a source of recovery up to the bond amount.
It is not insurance for you — if the surety pays a claim, you repay the surety. The bond must stay on file for the life of the license and cannot lapse without notice to the DFI, so it has to remain continuously in force; 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 $250,000 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. Kentucky consumer loan company bonds are filed through NMLS for the DFI's review. Your executed bond arrives by email, ready to attach to your license record — wet-ink original mailed on request.
What sets the price
The premium is fixed at $1,500 at the $250,000 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 Kentucky bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Finish your consumer loan license today.
$1,500 flat, issued the moment you pay, no credit check. Free until issued.