WA consumer loan company bonds.
From $180. Enter your amount.
Washington licenses consumer loan companies under the Consumer Loan Act (chapter 31.04 RCW), and RCW 31.04.045 conditions the license on a surety bond running to the State — filed with the Department of Financial Institutions through NMLS. The amount scales with your annual origination volume, starting at $30,000. The premium is 0.6% of the bond amount — $180 at the $30,000 statutory minimum, 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.
No quote round-trip on the consumer loan bond — enter your amount, pay, and upload to NMLS. Here is the whole thing:
Apply online
Company details, your Washington UBI and NMLS unique identifier, the bond amount, and an effective date. Any credit screen is a soft pull that never shows as a hard inquiry.
Pay & e-sign
Your exact price appears before you pay — 0.6% of the bond amount, $180 at the $30,000 statutory minimum — and the executed bond and power of attorney generate the moment you pay.
File through NMLS
Your executed bond arrives by email, ready to upload to your NMLS record and satisfy the DFI Division of Consumer Services. Wet-ink original mailed on request.
What it is and who needs it.
What the consumer loan bond guarantees
Washington licenses consumer lenders and residential mortgage servicers under the Consumer Loan Act, chapter 31.04 RCW, administered by the Department of Financial Institutions, Division of Consumer Services, with applications filed through NMLS. RCW 31.04.045 requires the applicant to file a surety bond that runs to the state of Washington as obligee, for the use and benefit of the state and of any person who has a cause of action against the licensee.
The bond stands behind the money that becomes due to the state and to borrowers under the chapter — the licensing, disclosure, and conduct rules that govern consumer lending here. The statute sets a floor of $30,000 and directs the director to scale the amount by the annual dollar volume of loans originated or residential mortgage loans serviced.
It is not insurance for you — if the surety pays a claim, you repay the surety. The bond must stay continuously on file for the life of the license, so we track the term and send renewal notices 60 and 30 days out.
You need this bond if you're
One application, issued instantly.
These are the actual issuing fields — company details, your UBI and NMLS ID, the bond amount, and an effective date.
Start the application →Common questions.
Other Washington bonds.
Finish your consumer loan license filing today.
0.6% of the bond amount — $180 at the $30,000 statutory minimum, issued the moment you pay. Free until issued.