When it comes to purchasing a bail bond there is no shortage of bail bonding companies available.
It seems like now days many bail bonding agencies are advertising themselves more like used car dealers than business professionals.
When it comes to purchasing a bail bond, rates are regulated and set by the California Department of Insurance. Here in California the regulated bail bonding rate is no more than 10% and in some cases one may qualify for a bail bonding rebate of 20%.
Here in Los Angeles and Orange County the bail schedule is higher than say that of Riverside County.
A typical bail bond here in Los Angeles County can be $20,000 Dollars for a burglary charge and some drug charges can be as high as $100,000 Dollars. Felony dui charges can be up to $100,000.00 Dollars meaning the bail bond premium would be up to $10,000.00 Dollars.
How can someone afford to put up $10,000.00 Dollars in one lump sum? Who has $10,000.00 Dollars just lying around?
Well for those who don’t have a large sum of money to put down, can now apply for an interest free bail bond premium payment plan!
All American Bail Bonds has been offering interest free payment plans for nearly 10 years. The following are the requirements one must meet for a $0 dollar down payment plan.
1. One must be employed, job verification may be requested. Pay check stubs will suffice
2. Credit will be checked but will not be the deciding factor on approval or denial. Credit history will help to determine what type of payment plan can be offered.
3. Collateral will not normally be required, but if available, may be used to lower payments and extend the length of the bail premium payment plan.
4. Severity of charges will be reviewed to determine the risk of flight and what danger, if any at all, the inmate maybe to the public.
We here at All American Bail Bonds pride ourselves on helping thousands of families throughout California complete the bail bonding process with little or no money down.
If you find yourself in need of a bail bond or just have questions regarding the bail bonding process, we ask that you give us a call or visit one of our many offices located throughout Los Angeles and Orange County. If you’re not able to come into one of our professional bail bonding offices, than we can send someone to you at no additional charge.
Let our Family help Yours!
