Being arrested is a scary situation for anybody to encounter. So, when your loved one has been accused of a crime, securing their quick release from jail is the only thing on your agenda. Bail bond loans are often the most effective solution.

Here at 24 Hour Online Bail Bonds, we pride ourselves on helping defendants and their families across the Golden State find a fast and affordable solution. When looking for bail bond loans in California, our services are everything you could need.

Why choose bail bond loans?

Nobody deserves to spend time in jail unless they have been found guilty of a crime. Posting bail will secure your freedom between now and your trial date. This will subsequently allow you to restore a sense of normality to your life without experiencing the problems that being in jail can bring to your career, relationships, finances, and health. 

Unfortunately, many people struggle to post their cash bail, especially as the bail bond amount is often set to a five-figure fee. Finding $10,000 or more out of nowhere isn’t in the realms of possibility for most people. Using a bail bonds company to post the bail on your behalf as per the California State Penal Code can help you overcome this problem. Even then, though, you are often required to make a 10% payment.

If these funds are not currently available, bail bond loans can cover this for you. There are many reasons why you may wish to take this route, including but not limited to;

  • Secure the quickest release from jail rather than waiting for family members to gather your funding.
  • Bail bond loans can be made available with no interest financing, which supports your ongoing finances.
  • You can gain support on a 24/7 basis rather than waiting for bank opening hours to return.
  • Bail bond loans allow you to repay your premium in instalments, which is good for your cash flow. 
  • This approach removes the stress and hassle associated with many of the alternative available methods.

A bail bond company makes a guarantee to the courts that you will attend all hearings. Assuming that you do, you’ll pay just a small percentage (often just 10%) of the set bail figure. If cheap bail bonds and bail bond loans can help you achieve this goal, you should grab the opportunity with both hands.

Bail bonds versus bail bond loans

When seeking to post bail through bail bonds, it is imperative that you know how to find the right bondsman or agency. And before looking at bail bond loans, you need to understand their differences from bail bonds.

A bail bond itself is not considered a loan. It is a fee that is paid to the bail bonds agency, who subsequently make the guarantee to the courts that you will satisfy the terms of your bail, including the hearings and trial dates. It is a formal agreement between the defendant and the bonds agency.

Conversely, bail bond loans are financial products that are used to cover the cost of the bail bond. It can be thought of in the same way as loans for alternative purposes. It is an agreement between the lender and the borrower. When using a bail bonds loan, the list of agreements is as follows;

  • The borrower (you) has an agreement with a lender, who will loan you the funds to cover the bail bond while you will be obligated to repay the loan.
  • The defendant (you) has an agreement with the bail bonds company to pay the bond (with the loan) and satisfy the terms of your bond.
  • Bond agencies have an agreement with the courts, guaranteeing that you will attend all hearings and satisfy other bail stipulations.
  • The defendant (you) has an agreement with the judge and courts that you will respect the terms of your bail.

Finding the right bail bond loans

Bail bond loans are a very attractive feature for anyone who cannot afford to fund their bail or pay the bonds agency. However, it is essential that you work with a lender that can be trusted. Otherwise, you could encounter a range of issues, including delays with gaining your freedom or long-term financial problems. There are two main options to consider;

  • Take out a loan from a lender that specializes in bail bond loans.
  • Work with your bail bond company to make repayments through a repayment plan.

The second option is often deemed the best choice because it keeps everything under one roof while also allowing the bonds agency to post your bail right away. This allows you to get out of jail and focus on other matters right away.

Here at 24 Hour Online Bail Bonds, our experts deliver a fast and convenient solution to handle your bail bond loan requirements. We offer free price quotes and no interest financing as well as a 24/7 service to defendants across California. We can additionally post bail by phone or online to secure your freedom ASAP with most bonds being approved within minutes. Our range of services also includes 1% bail bonds, bail bond financing, and bail bond repayment plans.

We also accept multiple payment types including credit cards, debit cards, PayPal, Venmo, Zelle, Cash, Bitcoin, Bank Wire Transfer, and Western Union while we pride ourselves on low prices and offering discounts where possible. In turn, this delivers the best result for you or your loved one. 

Furthermore, the good news about bail bond loan applications is that the eligibility criteria are often far more relaxed than traditional loans. While it is possible to secure one without making any payment today, putting down some money will increase your hopes of gaining acceptance. Even if you have little or no credit.

The final word on bail bond loans

Bail bond loans and repayment plans are a fantastic option for when you cannot afford to pay the bail bonds company the full amount that they need, especially as it opens the door to gaining the benefits of their services - as well as the door to freedom.

If you need to secure a bail bond for yourself or a loved one who is currently in custody, call us now to find out more.