Holiday Schedule: July 4th
06/30/2008
Bryant Surety Bonds will be closed on Thursday, July 3rd for Independence Day Weekend; we will return on Monday, July 5th. We hope you all have a safe and pleasant holiday. While we are closed, please explore our website for information on surety bonds, and when you are ready, use our free online application. We look forward [...]
Mortgage Apps drop to over 6 year low?.Rates also Fall
06/25/2008
Mortgage applications for the week ended June 20 dropped 9.3%, the lowest since December 28, 2001.
Borrowing for a 30 year fixed-rate mortgage averaged 6.39% in last week, down 0.18 percentage points from the previous week, this is also below the average 6.60% of a year ago.
A Pay Day Loan Bond guarantees that the payday loan company will adhere to all laws set forth by the state in which they operate. The payday bond is required to be filed with some state licenses.
Placing a Pay Day Loan Bond can be tricky due to the reputation of the industry. Many bonding companies offer these bonds with greatly increased rates. It should be noted though that a few companies realize that this reputation is without merit (or limited to a small few compared to the industry as a whole); and offer very competitive rates. Bryant Surety Bonds, Inc is very familiar with this market, and can save you considerable money because of it.
For those who are considered a credit risk, Bryant Surety Bonds, Inc offers a Bad Credit Surety Bond Program for payday loan bonds. Most applicants with bad credit are declined because the surety industry, unlike the insurance industry, works on the assumption of zero loss. Our agency has struck several specialized deals that allow us to approve those with poor credit.
