South Carolina Credit Counseling Service Organization Bond ($25,000.00) The Credit Counseling Service Organization Bond is required in the state of South Carolina by the South Carolina Department of Consumer Affairs. This Bond guarantees that the applicant (Principal) complies with the Licensing Requirements Act of Consumer Credit Counseling and also guarantees that the applicant successfully provides any contracted credit counseling services to customers. The bond protects buyers of various credit services from fraudulent practices that could cause them financial harm. In other words, this form of surety bond guarantees that credit service organizations comply with all applicable state regulations.