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Old 05-15-2007, 11:24 AM
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Default 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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Old 05-16-2007, 01:51 PM
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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.
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