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Florida Title Loan Act Surety Bond. What’s a Florida Title Loan Bond?

Florida Title Loan Act Surety Bond. What’s a Florida Title Loan Bond?

  • A Florida Title Loan Act Bond or even a Title Loan Bond is just a $100,000 surety relationship that is needed for licensure to conduct company as being a name loan lender within the State of Florida. The Florida Title Loan Act (Chapter 537, Florida Statutes) also it’s surety relationship requirement became effective on Oct. 1st, 2000. a split name loan loan provider permit is needed for every name loan workplace, in addition, a $100,000 surety relationship is necessary for every single permit. Continue reading Florida Title Loan Act Surety Bond. What’s a Florida Title Loan Bond?