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February 22, 2022  |  Posted by jesse  |  Bail Bonds

This article will discuss 0% bail bonds services in California. 0% down payment also know as a zero down bail bond is basically a bail now and pay later financing term. The zero down bail bonds as often advertised are not free but rather payment plan with financing to pay the standard 10% bail premium at a later time. 

If you find yourself in jail, then it goes without saying that you’ll want to be released as soon as possible. In California, that’ll usually involve paying a bond; this will allow you to return home even if your case is ongoing. The problem that many defendants face is that they’re unable to pay the total amount of the bond without going into severe financial difficulties. 

That’s where bail bond agents come into help. Here at Balboa Bail Bonds, we can ensure that your bond is paid and that you’re free to leave jail. Typically, we charge 10% of the cost of the bond, which is the standard cost that bond agencies charge (indeed, if someone’s trying to charge you more than that, you should look elsewhere). 

While you can pay the value of the premium straightaway, you don’t have to. In this blog, we’re going to run through everything you need to know about zero down bail bond payments. If you or a loved one is looking for a solution to get them out of jail, then this might be the option that you’ve been waiting for. 

How Do 0% Bail Bonds Work? 

0% bail bonds are essentially the same as regular bail bonds. Or rather, the point of them is the same: they exist so that you don’t have to spend any longer in jail than necessary. The difference lies in how the defendant pays for the service. In normal conditions, the defendant would pay the premium, which is usually 10%, in one lump sum during the bail bond process.

However, for many people, that’s not realistic. With many people in California living paycheck to paycheck, many people don’t have the 10% they need in cash, ready to be paid. This is especially true when the cost of the bail is high. 

A lack of available capital shouldn’t be what determines how long people spend in jail, however. That’s why we offer a 0% bail bond service. This is essentially a “Bail Now, Pay Later” service. Even if you don’t have any money to spare, you can still get released from jail. Once you’re released, you can begin making payments based on the terms that were agreed with the bail bond agent at the time of release.

The video below discusses 0% bail bonds in California:

About Cosigners

To take advantage of this service, you’ll need to have a cosigner, otherwise known as an Indemnitor. If they’re qualified, they’ll be able to sign the agreement with you. This says that they’re financially responsible for paying the balance of the premium should you be unable to do so. 

The main thing about cosigners is that they’re qualified for the role. Once that has been determined, there’s a lot of flexibility relating to who it can be. Cosigners can even be from out of state; they don’t need to be based in California. We can email or fax the necessary documents to the cosigner, who will then sign the documents and return them to us. Cosigners from out of state will be able to make payments via credit card or bank transfer. 

The Advantages of 0% Bail Bonds

So why do people decide to use a 0% bail bonds service? Let’s take a look. 

  • Gets You Out Of Jail

The number one reason people turn to 0% bail bonds is that they provide a cost-effective way to post bail and get out of jail. While some people do have the full cost of the bail premium to hand, that’s not always the case, especially if the judge has set a high bail. At that point, defendants will either have to stay in jail or find another solution for paying the bond. 0% bail bonds aim to be that solution. So long as you qualify, you can be out of jail and back home in no time at all. 

  • Protects Your Finances

Most people don’t want to spend any more time in jail than is absolutely necessary. When they’re told that they can pay bail, some will find some way to pay their share, even if it means going into financial difficulty. While this approach will result in release from jail, it could have a long-term, negative impact on their finances. For instance, some people try to liquidate their assets in order to post bail. But this in itself, aside from being an unwise financial strategy, can get the attention of the authorities, who may begin an investigation. Taking the 0% approach is a way to protect your finances, including keeping the money that you do have for other essentials. 

  • It’s a Confidential Option

It can be extremely stressful being arrested and finding yourself in jail. It’s understandable that you would like to keep that information private. However, if you liquidate your assets, then it could become publicly known. The same could happen if you ask friends or family for a loan. By working with Balboa Bail Bonds, you can ensure that the only people that know about your arrest are the people who you want to tell, not people that you have to tell because of financial issues. 

How the 0% Bail Bonds Process Works

If you find yourself being arrested for a crime, then you may be wondering about the bail bonds process. First of all, you’ll get in touch with us here at Balboa Bail Bonds. It’s recommended that you do this as soon as possible, even before you call your family members. The sooner that we can get to work, the sooner you can be out of jail and on your way home. This is especially true when you’re using our 0% bail bonds service since additional checks may be required.

Once we’ve discussed and agreed to terms, we’ll be in a position to pay your bail bond. Once we’ve done that, you’ll be out once the police department has completed their paperwork and processing. This usually takes around 1 – 2 hours.

What Charges Qualify For 0% Bail Bonds?

Not every type of criminal charge is eligible for bail bonds. Ones that relate to immigration crimes, or serious federal crimes, for instance, fall into this category. But the vast majority of common crimes do quality, however. Some examples of the crimes that qualify for bail bonds include: 

  • DUI

Most California police departments will not release a person arrested for a DUI until a bond has been paid. By working with us, we can ensure that you’re out as soon as possible. 

  • Assault

California courts take assault seriously and will often set a high bail as a result, which can be prohibitive for many people. We ensure that you get released from jail even if you’re unable to make the standard 10% payment. 

  • Theft

Thefts fall under many different categories under California law. Some defendants can be surprised at how much their bail is set to. The more severe the crime, the higher the bail. We can ensure that you begin working on your case with your attorney from home as soon as possible. 

  • And Many More

Other crimes that are eligible for bail bonds include domestic violence, grand theft auto, and white-collar crimes. 

Working With a Professional Bonds Company

It’s tempting to look at “0% bail bonds” and believe that it’s too good to be true. It’s not; it really can be useful as it sounds! But that’ll only be the case if you’re working with a professional bonds company. There are plenty of bond agencies in California, but not all of them are of the same standard. Some are just out to make a quick buck. 

At Balboa Bail Bonds, we do things a little different. We’re committed to providing the best customer service in the industry and have plenty of happy clients in our history. Our aim is to provide flexible and affordable bail bonds, all the while ensuring that the defendant is out of jail as soon as possible. Our clients typically say that we made the process smooth and painless from beginning to end. Ultimately, we care about helping our clients during a stressful period in any way that we can. 

The Bottom Line

Ultimately, 0% bail bonds are there to help people that find themselves unable to pay their bail bond. We don’t think that this should mean that they have to spend more time in jail than other people, however. That’s why we put together a system that’ll ensure that qualifying people can get access to the money they need to get out of jail. 

If you or a loved one is in jail and in need of a bail bond agent, be sure to get in touch with us here at Balboa Bail Bonds as soon as possible. It all begins with a phone call, during which we’ll run through the details and determine whether you qualify for 0% bail bonds. Once that’s happened, we can conduct the process over the telephone or online. Available 24/7, we offer the lowest rates guaranteed and provide flexible payment options, all the while ensuring a fast release from jail.