New York collection servicing bonds.
From $100.
Landmark Strategy Group, LLC, a New York buyer of non-performing debt portfolios, requires each collection agency it engages to work them under a Collection and Servicing Agreement to post a surety bond securing its performance, in an amount the agreement sets. Premiums cost 1% of the bond amount, $100 minimum.
Trusted by industry leaders
How much does a New York collection servicing bond cost?
1% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No long underwriting queue for the standard servicing bond — enter your amount, consent to a soft pull, and send the bond to Landmark. Here is the whole thing:
Apply online
Your company details, contract date, the bond amount your servicing agreement specifies, and the effective date — plus a one-time consent to a soft credit pull.
Approved
Most servicing bonds clear quickly; the soft pull informs approval and never affects your score. Larger amounts may get a brief review, usually within 48 hours.
Send to Landmark Strategy Group
Submit the executed bond to satisfy your Collection and Servicing Agreement obligations. Wet-ink originals mailed whenever they insist.
What it is and who needs it.
What the collection & servicing bond actually secures
Landmark Strategy Group, LLC is a receivables-management firm that passively purchases non-performing debt portfolios — credit card, auto deficiency, installment, and similar accounts — and then engages licensed collection agencies to work those portfolios on its behalf. A Collection and Servicing Agreement is the contract that spells out how the servicer collects, accounts for, and remits money owed to Landmark.
This bond is a private contractual security, not a New York statute — Landmark itself is the obligee, and the bond amount is whatever the servicing agreement between Landmark and the collection agency specifies. It backs the servicer's performance of that agreement: proper handling of consumer payments, accurate accounting, and timely remittance of collected funds to Landmark.
If a servicer mishandles collected funds or fails to remit as the agreement requires, Landmark can claim against the bond up to the stated amount, and the servicer then owes the surety for whatever it pays. Enter the bond amount your Collection and Servicing Agreement specifies; we price it from a $100 minimum, and the application includes a one-time soft-pull credit consent that never affects your score.
You need this bond if you are
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 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.
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
Send to Landmark Strategy Group. Submit the executed bond to satisfy your Collection and Servicing Agreement obligations. Wet-ink originals mailed whenever they insist.
What sets the price
The premium is 1% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
One soft credit pull, never a hard inquiry, and it never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, then a quick review.
These are the actual underwriting fields, including your contract date and a one-time consent to a soft credit pull. Larger amounts may get a brief underwriter look, usually within 48 hours.
Start the application →Common questions.
Other New York bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Servicing agreement, one bond away.
Premiums from $100. Enter the amount your agreement specifies and send the executed bond to Landmark the same day.