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  1. Join Date
    Oct 2007
    Posts
    401

    Late Payment on Bond

    If I am late for a payment on my surety bond, will that negatively affect my credit score?

  2. Join Date
    Oct 2007
    Posts
    80

    Late Payment - Negative on Credit

    Making a late payment on your bond will not have a negative effect on your credit - BUT you could run the risk of having your bond cancelled due to non-payment, and also the possibility of having to pay a reinstatement fee.

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