Does Credit Matter When Applying for a Bail Bond in California
Most people are so worried about getting a bail bond either for themselves or a loved one that they don’t stop to think about whether their credit will complicate the process. The truth is that while your credit score isn’t as important to a bail bond agent as it is to your banker, it can make a difference.
There are a few specific times when your credit score will play an important role in your ability to secure a bail bond.
If You Need to Make Payments
One of the great things about Porterville Bail Bonds is that we do provide flexible payment plans for clients who are unable to swing the full fee upfront. The great thing about the payment program is not only are the payments designed to accommodate the client’s financial needs but they are also zero down and zero interest.
If you’re signing up for a payment plan, we will run a credit check and use your score to determine if a payment plan is a good idea.
Don’t assume that simply because you don’t have a perfect credit rating that you won’t be able to qualify for payments. It’s highly likely that we will be able to work with you and come up with a solution that works for everybody.
There’s a Personal Loan Involved
It’s not unheard of, especially when dealing with a really high bail, for a person to apply for a personal loan in an effort to secure a bail bond. In this instance, the bank will definitely be considering your credit rating and will likely attach a relatively high-interest rate to the loan as well. Keep in mind that simply applying for the loan could impact your credit rating.
The truth of the matter is that before you speak to the bank about taking out a personal loan to help with bail, you should talk to us. There’s always a chance that we can come up with a plan that will work. If we can’t, then you can approach the bank.
Co-Signing
If you’re co-signing to help cover a loved one’s bail bond, your credit could be a factor. We want to make sure that you have the assets needed to secure the bail bond and that your credit rating indicates that if you’re loved one fails to make their payments, you’ll be able to cover the missed payments.
<Porterville Bail Bonds enjoys an outstanding reputation for working hard to secure a bail bond for their clients, even when that client has been turned down by other bail bond agencies. Learn how we can help you by calling 559-784-8660 or clicking the Chat With Us Now link.
Is There Anything I Can Do to Make the Bail Bond Post Faster?
If you’re anything like most people, now that you’ve been arrested and spent a little time in a cell, you’re ready to go home. The sooner you get out of jail, the better. The idea of waiting for a bail bond to post seems like it’s just too much to bear.
While there is little you can do to speed up the amount of time it takes the jail to process the bail bond, there are some things you can do to help speed up the overall process.
Contact the Bail Bonds Agency Right Away
Even if you’re still waiting to be arraigned and learn how large a bail you require, it’s a good idea to start communicating with the bail bonds agency. We can look at similar cases to get a ballpark idea of how high the judge will set bail and can use that to discuss things like collateral, co-signers, and zero-interest payment options. Going over this before your arraignment means we’ll have the bail bond ready to go almost as soon as your arraignment ends.
While we don’t require a co-signer all the time, the reality is that they are fairly common requirements. Start talking to your friends and family and find out who is both willing and in a financial situation to co-sign the bail bond agreement. Make sure that they know that they’re able to consult with the bail bonds agency. Before any paperwork is signed, you and your co-signer will want to discuss the terms of the bail bond and make sure you’re both very aware of and comfortable with each other’s expectations.
Decide What you Can Use as Collateral.
The issue of collateral is something that slows the bail bond process for many people. The problem is that you can’t use just anything for collateral. We’ll discuss the types of items we’re willing to accept as collateral. In addition to something we’ll accept, such as a piece of property or a car, the collateral must be owned free and clear; a bank can’t have an interest in it.
Want to learn even more about what you can do to speed up the bail bond process in California? Take advantage of our free consultation program. We’re ready and willing to talk 24/7. All you have to do is 559-784-8660 or click the Chat With Us Now link.
Can the General Public Access Your Bail Bond Information
Most people know that both their arrest and criminal records are considered public records. This is why they are used for background checks. While most people know that there’s little they can do to conceal their arrest and conviction records, they so hope to be able to minimize the fact that they used a bail bond company rather than posting their bail themselves.
The truth is that bail bonds are a matter of public record, but not in any way that it will damage your reputation or make people think less of you. If a member of the public wishes to learn about someone else’s bail bond record, they can confirm that a bail bond was used, but they’ll learn little else.
For the most part, the only information a person will be able to learn from a bail bonds record is that a bail bond was used, the amount of the bond, the bail bond agency that was involved, and if a co-signer was included. The name of the co-signer will also appear on the record.
As a rule, the general public isn’t interested in the information connected to a person’s bail or bail bond. The only people who are interested are those who are connected to the case. Some jails even maintain a website that doesn’t provide a great deal of information about each case but which do let people know if someone was released from jail and if they posted bail themselves or used a bail bond.
If you find yourself in need of a bail bond, contacting Porterville Bail Bonds is the best thing you can do for yourself. We are an experienced agency that has the resources needed to get you out of jail as quickly as possible.
The reasons we’re the first bail bond agency people call when they or someone they love has been arrested include the following:
✨ 0% Interest payment plans
✨ 20% Discount for Veterans
✨ Phone approvals
✨ Online approvals
✨ Free consultations
✨ 24/7 availability
✨ No hidden fees
✨ No collateral for working signers
✨ Outstanding customer service
When you contact us, you’ll be treated with the respect and honesty you deserve. We’ll explain exactly how the bail bonds process works, how long it takes from the bail bond being processed until you’re released from jail, and any restrictions you’ll be under while you’re out on a bail bond.
If you or a loved one has been arrested, the best thing you can do is contact Porterville Bail Bonds and take advantage of our free consultations. It’s easy. All you have to do is call 559-784-8660 or click the Chat With Us Now link.
