NC Bondability Just To Test?

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yesterlectric

Senior Member
Location
PA
Occupation
Electrician
I’m nearly through the process of getting all the signed papers for the North Carolina Unlimited application. On the bondability letter, I wasn’t totally clear if I have to have it just to submit an application or if it is that once I take the test if I try to activate my license I’m going to have to have it. I would prefer if it’s the latter, that I just wait so I can delay that additional expense to a little later. Does anyone know if it’s required to be submitted with the application to take the test? Can I submit the application without it and then later on activate my license after I submit the bondability letter?

I know we won’t fix this one here but to me this bondability letter is sort of a racket. Companies want $300 to give you a bondability letter that doesn’t even obligate them to sell you a bond. With it only being 130,000 and with the fact that bond companies use almost all resources available to recover if a bond gets called )including garnishment of future wages) there’s likely only a few people who couldn’t get one of these bonds. And if I was licensed I would probably be getting a free quote for a bond but since I’m not licensed yet for the work I can’t get the free quote. Instead I have to pay $300 for something that is basically less than a free quote because it doesn’t even obligate them to give me the bond if I accept. It seems like the state could just be checking peoples credit scores.
 
I’m not sure how your going through this process.
Your griping about something that isn’t needed at your stage of the process.
there isn’t a bondability letter in the application to take the exam..


FYI a line of credit letter from a bank is sufficient also, but you aren’t at that stage yet. That’s for the application after you’ve passed.
 
Josh111 said:
I know we won’t fix this one here but to me this bondability letter is sort of a racket. Companies want $300 to give you a bondability letter that doesn’t even obligate them to sell you a bond.
Click to expand...

Yes, I agree it's a racket.

There was a place in Charlotte that was doing it for $100, but that was years ago. I just went and looked but it seems I've discarded all those old records.
 
Things have changed. When I went thru the process I didn't pay a dime for a bond letter. Maybe it was because I started with a limited license so when I went to unlimited my insurance companies already knew me so the letter was almost obligatory.
 
Hv&Lv said:
I’m not sure how your going through this process.
Your griping about something that isn’t needed at your stage of the process.
there isn’t a bondability letter in the application to take the exam..


FYI a line of credit letter from a bank is sufficient also, but you aren’t at that stage yet. That’s for the application after you’ve passed.
Click to expand...
Agreed don't worry about the bonding stuff now, just study on motor calculations and multifamily calculations
 
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