We offer bad credit surety bonds at a great price.
Bad credit surety bonds, also known as high-risk surety bonds, are becoming more common today than ever before. The growing business of issuing these types of bonds is also becoming much more competitive, even to the point of eliminating past requirements for collateral in some instances. Rates charged to write these surety bonds have also been steadily declining, primarily due to the increased competition.
Typical rates can be anywhere from about 3% to 20%, depending on the credit history of the dealer requesting the coverage. These bad credit surety bonds are designed for those who are unqualified to obtain a surety bond in the standard market.
With today's market in bad credit surety bonds being what it is, nearly any applicant can qualify for the high-risk program. This includes those with problems regarding bankruptcies, civil judgments, tax liens, low credit scores, no credit history or even unpaid collections.