Some Bondsmen Offer Recession Rates

In a recession, crime rates have been shown to increase.   More crime leads to more arrests, which would logically lead one to think the bail business is booming.  However, the tough economy is adversely affecting bail agents as well.  It is hard for people to come up with the 10% to pay the bail agent, and harder to put up the collateral for the bond with the sagging housing market.  To combat this, the Associated Press is reporting that more bail agents are offering payment plans and low premiums.  Critics claim that these payment plans... Read more