MS title pledge lender bonds.
$500 flat.
Mississippi licenses title pledge lenders under the Title Pledge Act, and to be eligible an applicant must file with the commissioner a bond with good security in the penal sum of $50,000 for each location — payable to the State of Mississippi. Ours is $500 flat, the price you see is the checkout price, and the bond issues the moment you pay. Any credit screen is a soft pull only — it never affects your score.
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Three steps. One sitting.
Title pledge licensing takes fingerprints and a fee; the bond half is the quick half. Here is the entire process:
Apply online
Business details, the county your store operates in, an effective date, and a term. Any credit screen is a soft pull that never shows as a hard inquiry.
Pay & e-sign
This bond is checkout-priced at $500 flat, so it issues the moment you pay — your executed bond and power of attorney generate on the spot.
File with the commissioner
Your executed bond arrives by email, ready to file with the Department of Banking and Consumer Finance alongside your application, fingerprints, and license fee. The bond is not valid until the commissioner approves it.
What it is and who needs it.
What the bond actually guarantees
Mississippi's Title Pledge Act licenses lenders who take a certificate of title as security, and the Department of Banking and Consumer Finance administers it. To be eligible, an applicant must file with the commissioner a bond with good security in the penal sum of $50,000 for each location, with the aggregate across all locations capped at $250,000 and no more than $50,000 payable or recoverable per location.
It's a three-party arrangement: you (the principal), the surety carrier, and the State of Mississippi (the obligee). The bond is payable to the state for your faithful performance of the duties and obligations of the licensed business and the prompt payment of any judgment recovered against you on account of damages or other claims arising from a violation of the Act.
It is not insurance for you — if the surety pays a claim, you repay the surety. The bond is not valid until the commissioner approves it, and a licensee convicted under the Act's criminal provisions forfeits the bond, so it has to stay continuously on file; we track the statutory renewal date and send notices 60 and 30 days out.
You need this bond if you're
One application, issued instantly.
These are the actual issuing fields — business details, your county, an effective date, and a term. That is the entire application.
Start the application →Common questions.
Other Mississippi bonds.
Finish your title pledge license today.
$500 flat, issued the moment you pay, soft pull only. Free until issued.