Surety Bonds Washington DC:

Money Lender

A Money Lenders License Bond guarantees compliance with respect to the laws and regulations set forth by the Department of Banking. This Bond regulates the process of moneylender. Any person engaged in the business of lending money including creating and holding or purchasing or acquiring retail installments, contracts to be a Money Lenders are subject to the licensing requirements. Moneylenders may be a person, individual, or firm. To start a moneylenders business you must obtain a license from the government. Originator as Supervised Lenders, Debt Collectors, Repossession Companies, and Money Transmitters requires moneylender Bonds.