It’s important to understand that a zero down bail bond is not the same as being released on your own recognizance. When all is said and done, you’ll still have to pay the bail bond agency 10% of the bail bond. The zero-down bail payment simply makes it easier to get the ball rolling while also making bail more feasible for everyone.
Zero-down bail bond payments are very similar to a car loan or mortgage. In exchange for the bail bond, you set up a regular payment plan that’s designed to cover the fee the bail bonds agency charges. The payment plan must be in place before the agency writes the bail bond.
Not everyone is going to qualify for the zero-down payment plan. To qualify, the applicant needs good credit, collateral, a job, and someone who is willing to work as a co-signer. The individual also needs to understand that if they default on a single payment, the bail bond will be revoked, they’ll be arrested again, and it will be very difficult to find another bail bond agency that’s willing to take a chance on them a second time.
Another thing that makes the zero down bail bond payment different from a car payment is that the payments are often made more frequently.
Before you commit yourself to a zero-down bail bond plan, make sure you double-check that no interest will be charged. As long as there isn’t any interest attached to the payment plan, in the end, you’ll only pay 10% of the bail bond, which is what you would have paid had you been able to afford the bail bond outright.
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At good bail bond companies, like Valley Village Bail Bonds, you can get a 20% discount on the price of a bail bond. At most places that offer this discount, they give it to qualifying clients. You can qualify for this discount when one of your co-signers is a union member, a member of the military, a member of AARP, is a homeowner, or has a private attorney..
They can get an affordable bail bond from Valley Village Bail Bonds. Our bonds only cost 10% of the bail that they are for. If you need to bail someone out of jail who has a $20,000 bail amount, you will be able to get them out with a $2,000 bail bond. You will be able to save 90% off your loved one’s bail by coming to us for help. We’re available 24/7 and offer free consultations.
We cover every jail and courthouse in the state so it does not matter where your loved one was arrested compared to you. One of our agents can talk to you, while another works on talking to the jail to secure your loved one’s release. Here at Valley Village Bail Bonds in San Fernando Valley, we understand how stressful this kind of situation is. This kind of thing is a family emergency. We want to help you get through it as quickly as we can.
Our outstanding California bail bonds services include: