Even though bail bonds are the most affordable way to post bail, coming up with the 10% fee can be difficult. We don’t want this to stand in the way of getting your loved one bailed out, so we provide a variety of payment and financing options. Give us a call to get the most information (as each situation is unique), or read below to learn more about the options.
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Discounted Bail Bond Rates: Do You Qualify?
The standard rate to obtain a bail bond is 10% of the full bail amount for the defendant. If you meet any of the following qualifications, however, you may be able to get a discounted, 8% rate.
- Military: If you are a family member is in the military
- Union Member: If you are a Union Member
- Lawyer: If you have retained a lawyer
Plans and Financing Options for Bail Bond Payment
Don’t give up if you can’t afford to pay the bail bond fee. Simply give one of our bail bond financing experts a call, and we’ll learn what solution works for your unique situation. Here are a few options we provide:
– Promissory Notes
We may accept promissory notes that can be paid back in monthly or another scheduled repayment plan.
– Pledged Stocks & Bonds
Stocks, bonds, and trust accounts can be pledged to cover the cost of the bond. In some cases, these assets can be qualified through signatures before the money is generated, so that the defendant can be released more quickly.
– Payday Loans
We work to find a loan package that is the best for your situation.
– Government Pay Services (GPS)
This is a great option for smaller bond amounts. All you need to do is fill out a form online, provide a credit card: The process is fast.
– Car Title Loans
Car title loans work up to $50,000 bond amounts (from $2,600). We’ll find the best lender, and you’ll be able to keep your car.
– American Express Concierge Services
If you are an American Express cardholder, you just need to call the travel division (Global Express). You can call, and they will transfer funds.
– Whole Life Insurance Policies
Trust accounts can be pledged to pay the bail bond fee.
Additional information: Large Bail Bonds & 1275 Holds
If you need bail bonds for a large bail amount (up in the millions), it is likely that a combination of property, assets, and money will be used. There must be a specific set of standards the court and bail bonds must meet. Contact us to learn more about bail bond options for large bail amounts. If the court holds a 1275 meeting, it is to examine the source of the funds used to post bail. In our experience at Ventura Bail Bonds, denial of funds is rare. But, each situation is unique, and will result in a different outcome.