Bail Bonds and Bad Credit
Poor credit is something that can happen to good people for a variety of reasons. The problem is that when you are dealing with something that requires credit, most organizations and lenders only look at the numbers but rarely ask for an explanation about the bad credit rating. This is one of the reasons some people are leery about contacting bail bond agencies after they’ve been arrested. They’re worried that because they have bad credit, they’ll automatically be denied, and more bad news is something their psyche simply can’t handle at the moment.
Even if you have bad or no credit, we urge you to contact Andy Moreno Bail Bonds. We’ve worked with many people in your exact situation and have often been able to come up with a solution.
You’ll be pleased to know that we do have payment plans and that even though you have bad credit, we are willing to explore the possibility of payments with you. Our payment plans are designed to be flexible, so they work with a variety of financial situations. Best of all, our payment plans are zero-percent interest, so once you’ve completed your last payment, you will have only paid 10% of the bail bond.
If your credit isn’t good, we’re willing to have you use a co-signer. This is a person who is willing to vouch for you. Not only are they promising to make sure you keep up with the payment plan we’ve worked out with you, but they’re also promising that you will be diligent about following the requirements laid out in the bail bond contract and by the judge who handled your arraignment.
Collateral is another option when you have bad credit. Depending on what you own, we may be willing to accept it and use it to guarantee that you’ll make your payments on time and that you will also attend all of your court dates. If you plan on using collateral, make sure it’s something that you own outright. We can’t accept anything that is still partly owned by a lending institution.
The best way to find out exactly how your poor credit ranking will impact your ability to get a bail bond is by talking to us. Our free consultations are available 24/7. The consultations provide you with the perfect opportunity to discuss your financial situation, your credit history, and anything else that could impact your ability to qualify for a bail bond.