That Is If You Go To Adams Bail Bonds
If you know what collateral is, then you know you would rather not have to risk losing something important to you. For those of you who do not know, collateral is something of value that is pledged by a borrower to protect the interest of the lender. What this means is, if you take out a loan, you would put up something of roughly equal value to the money you are being lent. If you fail to pay back the loan, the lender gets to keep the collateral.
Bail bonds can be viewed as a type of loan, and some bail bond companies require their clients to put something up as collateral. However, some bail bond companies like Adams Bail Bonds, prefers a different method.
At Adams Bail Bonds, we choose to trust our clients instead. We only require a signature of a working co-signer as collateral. This way, the clients do not have to risk losing a house, car, or something as equally important. This can take a lot of stress off of the client, and in turn, make the bail bond process easier.
If you want to learn more about collateral or bail bonds in general, feel free to contact Adams Bail Bonds online or by calling 559-237-1054. Speak with one of our friendly bail agents for a FREE consultation and get all your questions answered. While you’re at it, ask about our zero down bail bonds and discounts we offer to see if you qualify. You can call us at any time of the day, we are open 24/7 for your convenience.