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Thread: Updated Credit

  1. bad2thebond
    bad2thebond is offline Member
    Join Date
    Oct 2008
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    81

    Updated Credit

    when my mortgage broker bond is coming due for renewal, is my credit automatically checked to see if I get a lower rate? Or do I have to request it?
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  2. Surety Wizard
    Surety Wizard is offline Senior Member
    Join Date
    Sep 2008
    Posts
    110

    Unfortunately, we do not have the time or resources to check credit for every account prior to sending out the renewals. If you believe you have had a significant increase in your credit come renewal time call your agent and request a credit check. It never hurts and may result in a lower premium.
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