August 30, 2019

New Jersey Student Load Server Bond Requirement

The New Surety Bond Requirement

In New Jersey, a new bill titled SB 1149 requires student loan servicers to post a minimum $30,000 license bond.

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If you’re ready to get a free surety bond quote to meet this new surety bond requirement, you can simply apply online. We are the nation’s largest volume bond producer, and provide the lowest rates in the industry.

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Eric Weisbrot

Eric is the Chief Marketing Officer of JW Surety Bonds. With years of experience in the surety industry, he is also a contributing author to the surety bond blog. He has held a range of different roles within the surety industry, from agent assistant to bond issuer, which gives him a unique insider perspective on surety related topics.