Texas Collection Agency Bond
OCCC requires all third-party debt collection agencies operating in Texas to hold a $10,000 surety bond under Finance Code Chapter 392. From $100/year. Same-day certificate. Filed through NMLS.
Requirements
- Bond amount: $10,000 required by OCCC
- Applies to: Third-party debt collection agencies
- Annual renewal required — lapse suspends license
- Cost: From $100/yr (1% for qualified applicants)