Ohio credit services organization bonds.
$750 flat.
Ohio requires a credit services organization, the credit-repair and credit-improvement businesses covered by ORC Chapter 4712, to obtain a $50,000 surety bond under ORC 4712.06 and file a copy with the Division of Financial Institutions. Ours is $750 flat.
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How much does an Ohio credit services organization bond cost?
$750 at the $50,000 amount, the same for every applicant.
Three steps. One sitting.
Ohio's credit services organization filing is one of the simpler surety errands. Here is the entire process:
Apply online
Business details, ownership, an effective date, and a term. That is the application, and any credit screen is a soft pull that never shows as a hard inquiry.
Pay & e-sign
This bond is checkout-priced at $750 flat, so it issues the moment you pay — your executed bond and power of attorney generate on the spot.
File with the Division
Your executed bond arrives by email, ready to file with the Ohio Division of Financial Institutions as ORC 4712.06 requires. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
Ohio regulates credit services organizations under the Ohio Credit Services Organization Act, ORC Chapter 4712 — businesses that sell, provide, or perform services to improve a buyer's credit record, history, or rating, or that arrange for someone else to do it. ORC 4712.06 requires a $50,000 surety bond, with a copy filed with the Division of Financial Institutions.
The bond runs in favor of any person, and of the state for the benefit of any person, injured by a violation of ORC 4712.01 to 4712.14 — the disclosure, written-contract, cancellation-right, and advance-fee rules the Act imposes. The surety's aggregate liability to everyone injured is capped at the bond amount, and punitive damages are excluded.
It is not insurance for you — if the surety pays a claim, you repay the surety. The bond also has a long tail: ORC 4712.06 requires it to be maintained and in effect for at least two years after the organization stops doing business in Ohio. 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 $50,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The bond runs to September 17 whatever day you buy; the premium covers the period to that date.
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 with the Division. Your executed bond arrives by email, ready to file with the Ohio Division of Financial Institutions as ORC 4712.06 requires. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $750 at the $50,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or 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, issued instantly.
These are the actual issuing fields — business details, ownership, an effective date, and a term. That is the application.
Start the application →Common questions.
Other Ohio bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
File your credit services organization bond today.
$750 flat, issued the moment you pay, soft pull only. Free until issued.