Click to verify BBB accreditation and to see a BBB report.
Follow us on twitter!
+ Reply to Thread
Results 1 to 2 of 2
  1. Redbull
    Redbull is offline Member
    Join Date
    Oct 2006
    Posts
    86

    New surety company

    Hello,
    I currently have a motor vehicle dealer bond placed with a surety company. They informed me that they will not be able to renew my bond this year due to my personal credit. Why is it that some surety companies will not write bad credit surety bonds, and some will?
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
    Reply With Quote Reply With Quote  
  2. Admin
    Admin is offline Administrator
    Join Date
    Jan 2005
    Posts
    755

    Few bonding companies are willing to write clients with bad credit. The bad credit surety bond programs are far and few in between.

    Most bonding companies simply are not interested in guaranteeing such high risk principals.
    Surety Bond Articles
    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. Surety Company Directly?
    By Bond Magician in forum Miscellaneous Bonds
    Replies: 1
    Last Post: 05-29-2008, 02:30 PM
  2. What does surety company guarantee?
    By Redbull in forum Miscellaneous Bonds
    Replies: 2
    Last Post: 03-20-2008, 01:19 PM
  3. Surety Bonds--Holding Company
    By Unregistered in forum Bid Bonds
    Replies: 1
    Last Post: 05-04-2007, 10:20 AM
  4. claims on a title company's surety bond
    By confusion27 in forum Fidelity Bonds
    Replies: 1
    Last Post: 01-04-2006, 12:18 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