New Hampshire Small Loan Lender Bond Guide
If you're applying for a small loan lender license in New Hampshire, you need to file a surety bond. Read this guide to learn the ins and outs of the bonding process.
Bond Overview
- Purpose: To protect the public and the state from illegal lending practices
- Who Needs It: Any person or business making small loans, title loans, or payday loans
- Regulating Body: The New Hampshire Banking Commissioner
- Required Coverage: $25,000
- Premium Rate: $250–$2,500, based on credit score