New Jersey Pawnbroker Bond
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What Are New Jersey Pawnbroker Bonds?
New Jersey pawnbroker bonds, also known as secondhand dealer bonds, ensure that pawnshops follow government regulations and operate honestly. They protect government entities and consumers from financial harm if a pawnshop owner or dealer is fraudulent or noncompliant with licensing laws.
Who Needs a Pawnbroker/Secondhand Dealer Bond in New Jersey?
All pawnbrokers in New Jersey must be licensed and bonded with the Department of Banking and Insurance, Licensing Services Bureau. Certain cities also require additional secondhand dealer bonds:
New Jersey pawnshop bonds provide a financial guarantee that you will follow licensing laws. If you violate the bond terms, the surety provider will compensate harmed claimants up to the full bond amount.
How Much Does a Pawnbroker Bond Cost in New Jersey?
New Jersey pawnbroker bonds cost a flat rate of $100 per year for all applicants. No credit check required! Select the bond you need below to buy your bond instantly online.
SuretyBonds.com does not charge any additional brokerage fees.
How Do I Apply for a New Jersey Pawnshop Bond?
With SuretyBonds.com, you can get your New Jersey pawnshop bond in minutes. Just follow these three quick steps:
- Select the bond you need.
- Checkout instantly online.
- Receive your bond documentation via email.
Once you receive your bond, file it with the government licensing agency requiring the bond to become officially bonded.
Have Questions?
Call 1 (800) 308-4358 to talk with a Surety Expert today.
