Many
people ask how much do we charge for a bail bond.
There is only one answer: The fee,
known as “Premium” is 10%*.
(See below for options).
If
someone tells you they can do it for less then 10%** be sure they clarify it in writing.
Do they mean you will not owe them anymore money or are they saying they will take less then 10%** down
and put you on a payment plan.
* New
Jersey Bail Bond Agencies
are required to charge the Premium amount as on file with the
Department of Banking and Insurance.
Premium
(Amount You Pay
For The Bail Bond Service)
1). We Charge 10%**
of the face value of the Bail Bond Amount. (Payment
options available).
2). There is
also a $30.00 filing Fee with the County.
Ways to pay the
PREMIUM
1).
Cash, Credit Card,
Debit Card, Personal Check, Money Order, PayPal, Western Union, Money Gram, Payment Systems.
2). If you do not
have any of these means, and cash is your only Option, we may be able to
find you financing or put you on an in-house payment plan if qualified (no
interest).
Collateral
1). Real Estate, land
or improved land.
(depending on the bail amount different levels of
equity will be required).
2). Cash or Credit Card.
Credit Scoring
As in most
financial situations your credit will play a part of the approval
process. If you credit is not “A” Credit it does not mean we won’t
approve the bail. But it means in most cases we will require
more the 1 signer.
