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Thread: personal credit

  1. Join Date
    Oct 2007
    Posts
    401

    personal credit

    What does a Surety company look for besides the owner (s) personal credit? Would they review personal financials, home ownership, etc?

  2. Join Date
    Oct 2007
    Posts
    558

    Contractor License Bonds

    Quote Originally Posted by Bond Magician
    What does a Surety company look for besides the owner (s) personal credit? Would they review personal financials, home ownership, etc?
    Yes - because personal financials, homeownership, etc. are part of an owners personal credit. That being said, if someone has poopy credit but still owns a home, they would still fall under the high risk programs.

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