Illinois Consumer Installment Loan Act Bond. Simply how much does a customer installment loan relationship price in Illinois?

Illinois Consumer Installment Loan Act Bond. Simply how much does a customer installment loan relationship price in Illinois?

Exactly how much does a customer installment loan relationship price in Illinois?

The Illinois customer Installment Loan Act mandates that most businesses certified underneath the act post a surety relationship in the total amount of $25,000 per company location.

These bonds are susceptible to underwriting, therefore the cost you’ll pay depends on overview of your private credit history. With a solid economic history, you can pay simply $250 for the relationship! Continue reading “Illinois Consumer Installment Loan Act Bond. Simply how much does a customer installment loan relationship price in Illinois?”