Can I get a California auto dealer bond with bad credit?

Surety bond companies consider bad credit applicants to be a higher risk, and may sometimes be unwilling to underwrite bonds for them.

Regardless of your credit score or history, you can stay compliant. The only two exceptions are applicants with open bankruptcies or late child support payments.

Bad credit applicants can expect premiums in the range of 5% to 10% of the total bond amount.