If a person is arrested, they are taken to jail to spend time before their case is heard. But if they do not want to go to jail, there is an option to secure their release through bail bonds. By getting bailed, an individual gains back freedom while waiting for their court case. This video explains how bail bonds work and shows the people who profit from them.
In many cases, the sum required for bail bonds is huge; often, only a few people can afford it.
Bail bondsmen are people who provide bail bonds for defendants who cannot afford to pay the whole bail amount. Usually, these people require the defendant to pay 10-15% of the bail amount before posting bail. In addition, the defendant must put up collateral, like a car or a house, to guarantee they will appear in court, failure to which they lose the collateral.
Bail bondsmen make money in various other ways. Sometimes, they charge high fees that can include hidden charges for their services. Other times, they can use high-pressure tactics to convince their clients to pay for other additional services. This may involve signing contracts to ensure the defendant pays as agreed.