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Is that due to simple usury or due to cost of risk? In other words, if enough of the bailed pop. skips bail (complete loss for bondsman), that money has to com
by mc32 5y ago
Is that due to simple usury or due to cost of risk? In other words, if enough of the bailed pop. skips bail (complete loss for bondsman), that money has to come from somewhere --and that somewhere may be both honest and dishonest criminals as well as innocent suspects.
- lalaland1125 5y agoIt's a mix of both. The bail bond industry (like most "vice" industries) has much higher profit margins than comparable insurance companies: https://www.theatlantic.com/business/archive/2017/05/bail-bonds/526542/ https://www.theatlantic.com/business/archive/2017/05/bail-bo...