What To Know About Getting Loans To Pay For Bail Bonds
If you need to pay bail bond fees for you or a loved one, there are a few options that you can consider. One of those is getting a title loan from Cash Cow. This is an option that helps you cover the bail bondsperson fee so you can spring yourself or your loved one from jail.
Here is everything that you need to know about getting a loan to pay for bail bonds.
How Bail Bonds Work
If you are interested in getting loans to pay for bail bonds, the first thing that you need to understand is how bail bonds actually work.
Bail bonds are a system that allows defendants to post bail that they would not be able to afford without the bond. The bail bondsperson usually pays the full amount of the bail on behalf of the defendant. The defendant, or one of their loved ones, pays a percentage of this bail amount, usually no more than ten percent.
This is a nonrefundable charge, and the rest of the bail is normally secured with collateral of some sort. If the defendant appears for all of their court dates, they or their loved one gets the collateral that they posted back.
What If You Do Not Have The Cash To Pay For A Bail Bond?
If one of your loved ones is in jail and you can’t afford to pay their bail, then you are probably stressed out. You do not have to be worried though, because there are options that you can consider turning to for help.
One of these options is turning to Cash Cow to get loans to pay for bail bonds. This can help you get the fast cash that you need to spring your loved one from jail.
Louisiana Title Loan Advantages
If you are thinking about applying for a Cash Cow title loan to pay for your bail bond fees, there are several advantages that come with this. These advantages include:
- The value of your loan is not based on your credit score, it is based on the value of your vehicle title. This means that you can apply with good, bad, or no credit.
- The application process is quick and easy
- There are convenient neighborhood locations near you
- You do not need to bring a long list of materials with you when you apply
- You can keep your car while you are paying off the loan
If you are thinking about applying for a title loan from Cash Cow to pay off your bail bond fees, there are just a few things that you need to bring with you. These items are:
- Your driver’s license or another valid form of government-issued photo ID
- The lien-free title to your vehicle
- Your vehicle for inspection
The Loan Application Process is Easy
Another advantage of applying for Louisiana title loans with Cash Cow is that the application process is easy. You can get started today by filling out the easy online inquiry form. This will send your basic information to the nearest Cash Cow location to help them get started on your loan.
You can also go ahead and call the nearest store location yourself at 800-514-2274 if you want to get an early start.
After you submit this form, you will soon receive a call from a loan specialist agent at Cash Cow. During this call, they will want to confirm the basic information that you submitted with your inquiry form, and they will take the opportunity to answer any questions that you might have, and make sure that you have all of the required materials ready.
Most importantly your loan specialist agent will also help you schedule an appointment to come down to the store to finish processing your application. When you arrive for the appointment, you will be greeted by your loan specialist agent.
The loan specialist representative will perform a quick inspection of your vehicle to determine its condition. They will then calculate the value of your loan based on the condition and the value of the car according to a nationally recognized guidebook.
At this stage, your loan specialist agent will answer any final questions that you might have, and they will make sure that you understand all of the terms and conditions of the loan.
From here, they will walk you through the last few pieces of paperwork. Once they have finished, it will just take a few minutes for your loan application to be approved. You can drive away with your emergency cash in hand in as little as half an hour.
If you need to pay for bail bonds to spring yourself for another person from jail, Cash Cow can help you cover your expenses.
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.