As soon as I realized that my personal financial picture was a little bleak, I started thinking about taking out a personal loan. I wasn't really looking forward to going into debt, but I knew that if I wanted to solve a few short-term problems, a loan would be the way to go. I talked with a few of my local financial institutions to get a good idea of what they could offer me, and then I sat down to go over the paperwork. It was incredible to see how much money I could save by securing a lower interest rate. Check out my blog for more information about loans.
If you are ever arrested for a crime and do not have the money to post bail, you are going to have to ask somebody to use a bail bond to help you out of your situation. While you may be cautious about using a bail bond due to the premium that must be paid for the loan, it is a good idea to use one if it's necessary, for the following reasons.
Speed Up Being Released from Jail
If your bail is much larger than any friend or family member can afford, they'll need to scramble in order to get the bail money they need. This can result in taking days to gather the cash that will just be held by the courts until your court date. If you use a bail bond, you'll get the bail money instantly which results in a faster release from jail. There is no reason to spend an extra minute in jail when getting a bail bond is so easy.
Keep the Situation Private
It may be very embarrassing to you if people find out that you are in jail. If friends and family need to get cash for bail, it can cause your legal situation to become more public to others as they ask around. A bail bond will help limit the exposure to others about your arrest and keep the situation private. You'll also be released from jail faster, which means people will not question where you were.
Not Missing Time from Work
Being arrested not only has legal consequences, but it can affect your career. Missing time at work because you are arrested not only raises questions with your employer, but it will cause you to suffer lost wages. The premium paid for a bail bond may be far less than what you'd lose out on by not being able to work, which means you could come out on top financially by using a bail bond.
Provide Assistance with the Bail Process
When you go to a bail bondsman, know that you are working with someone that has experience with the entire bail process. They'll help you navigate the legal system to pay for bail, and they'll give you information that you need to know about the consequences of not showing up to court. It can be a great way to get assistance with a legal process that is completely unfamiliar to you.Share
16 January 2019