How Do Bail Bonds Work?
If you are looking at jail time, the first thought that comes to your head is how can you get out of it. There is a way, but it can be very costly. Bail bonding companies are in the business of getting people out of jail by paying their bail fee. At that point, the bail agents take over your loan and take it on as their own. This is where it becomes tricky.
Now that the bail company is in charge of your bail, they will do whatever it takes to get it back from you. First of all, they can send a bounty hunter after you if you miss your court date. Also, the interest rate on a bail loan is always extremely high. This is how the bail company makes its money. They are trusting that you will be at your court date and that you’ll have the money to be able to get out of the debt that you have. Bail is not a get out of jail free card, if anything it’s even more of a commitment than waiting in jail for your court date.