pay for bail bonds in Indiana.
Identify the Indiana Bail Bond Cost Limitations
In every state, the cost of a bail bond is regulated by its local governments. This structured cost should be constant throughout the entire state; not costing anymore or any less, at any company. Knowing this can protect you from being over-charged or taken advantage of by a dishonest bondsman. In Indiana, a bail bond agency cannot charge more than 10 to 15 percent of the total bond amount. For example, if a person’s bond amount is $5000, a bail bondsman cannot charge less than $500 or more than $750 for any client.
A person’s bond amount can differ depending on their current charges and criminal history. This is why the bail bond fee is mandated by percentages; because the degree of risk is different from case to case, and for each bail bondsman. A bail bond can be paid with credit card, cash, or money transfer in most cases. This detail can vary among bail agencies because it is more of a personal preference for a company.
Have Solid Credit and Employment History
Having a solid credit and employment history gives a person an advantage at a bail agency. This is because they bail bondsman will see them as “less of a risk” because they have a sturdy and responsible existence. Steady employment shows a bail agency that a person is dependable and retains a stable income. This means they are good for money. Good credit shows that a person pays their bills and doesn’t have a problem accumulating debt.
Presenting these qualities to a bail bondsman can persuade them to charge the 10%, rather than the full 15%, because they identify you as a low-risk undertake. With more severe arrest charges, this still may not be possible. It depends on the company and their guiding principles.
Choose Financing Plans for High-Priced Bonds
If paying a lump sum is too much, some bail agencies are willing to offer financing; especially if a person meets the above criteria. Financing can eliminate the stress behind the thought of emptying a bank account to pay for bail. Although most bail bond companies claim to not offer financing, in some cases, they may make an exception. If they cannot offer you a payment plan, they can certainly give you advice and tips on how to obtain extra cash for bail in Indiana. You never know until you ask!