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Old 01-02-2008, 11:56 AM
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Default Late Payment on Bond
If I am late for a payment on my surety bond, will that negatively affect my credit score?
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Old 01-02-2008, 04:58 PM
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Default 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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