How Not To Get Ripped Off By A Bondsman

Posted by Henric Lindholm on October 10th, 2018

Getting arrested is a highly stressful situation. This means that finding the best solutions for posting bail is all that more complicated due to the enormous pressure of the moment. It is essential to remain as calm as possible and to stay grounded when it comes to choosing a bail bonds company because there are many people who will try to take advantage of your vulnerability. In this article, we are going to tell you the most important things to keep in mind when making your choice so that you don't get ripped off in the process.

1. Watch Out for Very Small Rates

When you look for bail bond companies, you are most likely not going to have the time to do extensive research. This is exactly what most scams are based on, so remember that companies who offer rates that are too good to be true are most likely not trustworthy. The law-recommended premium is 10%, which means that anything below could be a scam. For instance, when a bail bond agent offers you a 5% premium, the remaining 5% will be charged with interest. This means that you will pay more money for the same service.

2. Always Go With a Reputed Bail Bonds Company

Instead of chasing lower rates, when it comes to bail bond companies, you are better off going for the well-reputed option. Choose a company that is upfront about the premium and the full array of charges. Transparency is an invaluable asset, so always go with the company that explains the entire process in detail.  Start by looking for bail bonds companies in your area and take the time to look for a few reviews because these can save you from a lot of grief. For example, if you need a bondsman in Pennsylvania, you can call the first five bail bonds agents listed on Bail Bonds Network and compare their offers.

3. Improper Solicitation Is Illegal  

Please note that bail bond agents are not supposed to approach clients in the jailhouse. As there is a premium regulated by the law, there are also venue-related specifications when it comes to solicitation. In fact, it is illegal for agents to seek clients there, so do not trust them. If they are willing to operate outside the law to find clients, they will probably perpetuate this behavior when working with you as well.

4. Always Be Careful With Financial Bail Bonds

If you cannot pay the premium amount, bail bond companies can offer you a financial bond. This means that they will pay the premium on your behalf and that you will return the money to them with interest. While having this option is extremely useful, financial bonds are quite tricky. Make sure that the bail agent does not charge you any more or any less than the legal rate. Moreover, take the time to read the fine print of the interest payout.

With these aspects in mind, finding a bail bonds company should be a safer endeavor. In spite of all the scams in the bail bond business, staying as close to the law as possible is always your best possible choice.