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Originally Posted by Surety Wizard Are these bonds affected by personal credit scores? The reason I ask is because I used your company for my Mortgage Broker Bond because my credit is terrible. My buddy is in the same boat with credit and must have this bond for his sub work. |
These are basically the only types of bonds that we handle that are NOT based on personal credit. The premium is calculated by what chosen bond amount needed is as well as the number of employees and owners that there are.