Bad Credit with a Co-Signer

[Tacoma]

I was approved for a bond with the stipulation of having a strong co-signer. If I have a co-signer with amazing credit - why am I still in what is considered the high risk category?

[PT]

Originally Posted by Tacoma

I was approved for a bond with the stipulation of having a strong co-signer. If I have a co-signer with amazing credit - why am I still in what is considered the high risk category?

You may be able to get a better premium with a co-signer, but because you are still ultimately responsible for your company it would still be considered high risk.