Credit and Eligibility

Generally, a score of 650 or above is considered good. Scores below 600 may require higher premiums or specialized markets.

While there is no universal cutoff, most standard sureties prefer scores above 650. Hard2PlaceBonds.com helps those with lower scores.

Yes, through non-standard or high-risk surety markets, like Hard2PlaceBonds.com, focusing on applicants with challenging credit or hard to place bond needs. These bonds may come with higher premiums or require collateral.

Premiums can range from 5% to 15% of the bond amount, depending on risk factors.

Work with a broker who specializes in high-risk bonds, like Hard2PlaceBonds.com. Provide clear documentation, explain past issues, and be transparent about your financial situation 

Certain issues can make it harder to get approved for a surety bond, but most applicants—even those with bad credit or a complicated history—still have options. Common reasons why you might be denied a surety bond include:

• Recent bankruptcies or ongoing bankruptcy proceedings
• Unpaid judgments, large outstanding debts or tax liens
• A history of fraud, dishonesty or criminal convictions
• Open or unresolved surety bond claims
• Ongoing serious legal problems

However, being denied a surety bond by one company doesn’t mean you’re out of options.

At HardtoPlaceBonds.com, we specialize in helping applicants get bonded with bad credit, prior denials, or hard to place bond needs. Many situations can be reviewed or mitigated with the right documentation and by working with specialty surety markets. 

If you have been declined for a surety bond or have challenging credit, complete our online application. Our partner surety companies will review your situation and work to find a solution—even for hard to place bonds.