In California, a credit repair specialist must follow mandatory registration protocols and file a California credit services organization bond in order to offer his or her services with the state. A “certificate of registration” is required of all market participants. According to the Attorney General, pursuant to “California Civil Code Section 1789.25, credit repair agency must submit an appropriate application and supporting documents to the Department of Justice along with a $100 filing fee. The supporting documents include but may not be limited to a copy of the repair agency’s general client contract, A.G.-specific information statement, a sample notice of cancellation, and all other documents that the credit services organization requires the buyer to sign.

The California credit services organization bond must be written in the amount of $100,000 and issued by a surety company authorized to do business in California. The surety bond obligation guarantees that the principal will comply with the provisions of Title 1.6E (commencing with Section1789.10), Part 4 of Division 3 of the Civil Code of the State of California, and pay all amount due any individual or group of individuals when such Principal or its representative or agent has received such sums, and pays all damages occasioned to any person by unlawful acts or omissions of the Principal its agents or employees while acting within the scope of their employment with the credit repair services organization. The surety bond is not cumulative and is cancelable pursuant to the Civil Code. The surety bond must be FIRST filed with the Secretary of State, then the application, supporting materials and credit services organization surety bond filing evidence must be submitted as follows:

Department of Justice
Attorney General’s Office
P.O. Box 85266
San Diego, CA 92186-5266

A credit services organization registration expires at the end of the year that it is issued. The business must renew its registration before January 1st, of each year. No renewal notices are provided by the Secretary of State or Attorney General’s offices. The Attorney General recommends that you read and understand the statutes that regulate the credit repair business in California. You may obtain a copy of law here (CIVIL CODE SECTION 1789.10-1789.26).

California surety leader, Surety One, Inc. will offer terms for surety bond to ALL applicants.  Do you operate in multiple states?  We offer these in EVERY state where credit services organizations must be licensed and bonded. We also offer broad fidelity bond coverages to protect your business and clients from employee dishonesty losses.  Visit us at, call (800) 373-2804, or email for an California credit services organization bond application or further information about surety bonding.

#surety #suretybond #suretybonds #SuretyOne #creditrepair