Click to verify BBB accreditation and to see a BBB report.
Follow us on twitter!
+ Reply to Thread
Results 1 to 2 of 2

Thread: Bad Credit

  1. Numbers
    Numbers is offline Member
    Join Date
    Oct 2007
    Posts
    80

    Bad Credit

    If I have bad credit and I need a bond. Does it make sense to have a co-signer for the bond who has good credit?
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
    Reply With Quote Reply With Quote  
  2. Surety Queen
    Surety Queen is offline Surety Professional
    Join Date
    Oct 2007
    Posts
    558

    Bad Credit Surety Bonds

    Quote Originally Posted by Numbers
    If I have bad credit and I need a bond. Does it make sense to have a co-signer for the bond who has good credit?
    In some cases yes. The thing you have to remember is that a co-signer PERSONALLY indemnifies to the Surety Company on your behalf. Most people are not willing to do that. It's really best to see if the bond can be written without a co-signer. Be in touch with your bond representative to see what your specific options are.
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
    Reply With Quote Reply With Quote  
« Previous Thread | Next Thread »

Similar Threads

  1. Bad Credit to good credit
    By Numbers in forum Bad Credit Surety Bonds
    Replies: 3
    Last Post: 11-23-2007, 04:06 PM
  2. Good Credit vs Bad Credit
    By Tacoma in forum License & Permit Bonds (other)
    Replies: 1
    Last Post: 08-17-2007, 01:33 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts

Forum Rules


Content Relevant URLs by vBSEO 3.5.0 RC1 PL1