Does a person have to have perfect credit to get a surety bond?

Answer On One Hand: Perfect Credit Isn't NecessaryMaintaining perfect credit, or even really good credit, always helps when it comes to getting a surety bond. However, it isn't strictly necessary for you ... Read More »

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Do you have to have good credit to get a surety bond?

Good credit is not a prerequisite for obtaining a surety bond, but the contractor obligated to provide the bond must show proof of financial strength to the underwriter by providing financial docum... Read More »

What is the Difference Between a Surety Bond & a Fidelity Bond?

A business has the option to utilize insurance tools that will protect them in the case of any unforeseen occurrence that would jeopardize them financially. Employees may manage resources in dubiou... Read More »

What is the meaning of a surety bond?

Surety bonds are used in a wide variety of commercial transactions, business operations and court actions. A surety bond is issued by a surety company to guarantee the performance of one party to a... Read More »

What does it mean to be indicted with a surety bond?

A surety bond is an agreement that an indicted person enters into with a bail bondsman for the total of the bail amount. A surety bond is usually guaranteed by the collateral of the guarantor.Refer... Read More »