How Bad Credit Can Affect a Client’s Surety Bond

Viking Bonds: How Bad Credit Can Affect a Client's Surety Bond

The average credit score was 704 in the year 2018, an all-time high. Most lenders consider that a fair or even good score, but since it’s an average of everyone, it means many Americans have scores below 700—sometimes far below that.

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How Surety Bonds Protect Consumers

How Surety Bonds Protect Consumers

If you’ve ever visited a bar, bought a car, purchased a home, or worked with a contractor you’ve probably been protected by a surety bond. People often don’t realize that many of the businesses they use are required to have a surety bond. So why is this? State licensing requirements are designed to protect both the state and consumers from improper and unethical business activities. Continue reading “How Surety Bonds Protect Consumers”