Collection Agency Surety Bonds
Link Title
Link Short URL
Link Long URL
Description:
The infographic explains what a collection-agency surety bond is and why it exists. It shows that this type of bond involves three parties: the collection agency (the principal), the regulatory authority or licensing body (the obligee), and the surety company that issues the bond. The bond acts as a financial guarantee: it ensures that the agency follows laws and ethical standards in its debt-collection practices.
Keywords (Tags):
Created by:
Suretegrity
Created on:
Hits:
2
|