ollateral is not something that people get excited about. It adds an extra level of stress to what is already a stressful situation. Making a large financial commitment, such as posting someone’s bail, already costs a lot of money. Needing to pledge collateral only makes things worse. With collateral you have to worry about paying for the bail and losing something important if you miss a payment.
For those unaware, collateral is a type security for a loan. What this means is, that something of value equal to the loan in question, is pledged by the person getting the loan. If they fail to payback their loan, then the lender gets to keep whatever was pledged as repayment for the loan. It is easy to see how collateral can add extra stress to a person getting a loan.
Bailing someone out of jail can be stressful enough on its own without collateral. Yet plenty of bail bond companies require collateral on their bails. At Statewide Bail Bonds in Burbank, we do not need collateral on most of our bonds. All we need is the signature of a working co-signer. As long as we have that, we trust that our clients will pay off the bail bond.
This is just one of the ways we make bailing a friend or family member out of jail less stressful. We also break up the cost of the bail bond with personalized payment plans, and having our bail agents available to help you 24/7. You will never have to face a monstrously sized payment and you will never have to face bail alone.
Some of the other services we offer include:
- 20% Discount
- Phone approvals
- 0% Interest payment plans
- No hidden fees
- No collateral with working signer
- Se habla Español
Don’t make bailing a loved one out of jail more stressful by using a bail bond company that requires collateral. Instead make posting bail easy by coming to Statewide Bail Bonds in Burbank. Our agents will take care of you, and you will not have to risk losing your home or car to rescue a loved one from jail.