Bail Bonds: An Affordable Option to Get Out of Jail
When you are arrested, one of the first things you think of is how to get out of jail. There are several options available to you, but like most people, you likely want the easiest and most affordable solution. One option you’ll have is to use a bail bonds service. Here are some reasons this type of service may be the most affordable option for you.
Full Sum versus Percentages
When you are arrested, one of the first things that can happen legally is your bail amount being set. This is usually done by a judge. Amounts are also based on the crime that was committed. If you decide to handle the fees associated with your bail amount on your own, you will be facing the full sum. For example, if your bail is set at $10,000, you would be responsible for the full $10,000 before you can be released.
When you choose to deal with a bail bondsman, you are not responsible for the entire bond amount. Instead, you are charged a percentage. This percentage is generally 10% of the bail amount. This means that if you have a $10,000 bond amount, you would only need to pay $1,000 of that to the bail bondsman in order to get out of jail.
No Credit Check
A key reason that a bail bond may be your most affordable option for getting out of jail is due to credit check policies. If you try to get a loan to cover the full amount of your bail in order to get out of jail, you may be subject to a credit check.
Depending on your credit score, it may be incredibly difficult and costly for you to obtain a regular loan. In fact, even loan providers that accept bad credit may increase the amount of your interest through a higher annual percentage rate on the loan.
When you use a bail bondsman, there is no credit check. The bail bondsman will inform you of the percentage amount that is due. Through our Bondsman, you will also be avoiding costly interest payments, to commercial lenders or “Payday loans”, due to your credit. You will also ensure that you will get a bail bond where you cannot ensure that you would get a loan.
If you find yourself in need of a bail bondsman, call Brad's Bail Bonds. We are LOCATED DIRECTLY IN FRONT OF THE PASCO JAIL ENTRANCE 24/7/365. We WILL walk you through the bail bonds process. We will also explain what happens after your bond is made, your responsibilities, and how to ensure your bond stays active. If you or your loved one has questions about payments or any fees, we will answer those during the call.