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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Surety Bonds vs. Insurance Policy

California auto dealer bonds—what do they mean for your auto dealership?

You may have heard about surety bonds but aren’t really sure what they are… Many people get confused between bonds and insurance but although they appear similar they can have very different implications for both businesses and consumers. The team at Viking Bond Service is here to clear up the confusion by explaining the difference between surety bonds and insurance policies. 

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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”