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  1. Redbull
    Redbull is offline Member
    Join Date
    Oct 2006
    Posts
    86

    No bond line without perfect credit?

    Why is it that I can't be approved for a bond line without perfect credit? My credit score is a 620 with one open collection. Why is it that you can approve someone with bad credit for a commercial bond and not a contract bond?
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  2. Admin
    Admin is offline Administrator
    Join Date
    Jan 2005
    Posts
    755

    There is no easy answer to your question other than that is what the industry is doing right now. 8 years ago you likely would have been approved.
    Surety Bond Articles
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