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How Bail Bonds Payment Plans Work

Last updated 2 years ago

The 4th of July is just around the corner.  In most cases a national holiday is a time to celebrate; in others, people learn the hard way that one bad decision can land them behind bars.

The idea that someone you care for has been arrested can be a huge shock to your system.  All you can think of is helping them get out of jail fast, but then you realize it’s going to cost you thousands of dollars to hire a bondsman.

Most people don’t have the means to pull together that kind of money on a moment’s notice.  This is where Bail Bonds payment plans come in.

You should know that while all bail bonds companies are required to charge the same rate that is not to say that each one works like the next.  Some might charge interest, finance, credit check and/or application fees.  Some will offer you a very low down payment but once you read the fine print you see the entire balance will need to be paid off within a year.

Be sure to ask lots of questions before you sign any paperwork.  Will they charge you an extra fee if you pay by phone?  Do you need to pay in person, in cash or can you send a check?  How long is the repayment term?  What are the eligibility requirements for payment plans?

In most cases the bondsman you’re working with will want to know whether you are employed, how long you have been with your job and if you rent or own your home.  They may also ask about the health of your credit and if they have permission to pull your credit report.

If you don’t qualify on your own they may simply ask if you can provide an additional cosigner. In some cases, if you don’t have another person who can sign the bondsman may be able to help you if you can put more money toward your down payment.

If you find yourself or a Loved one behind bars during the 4th of July weekend. Call VEGAS BAIL



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