When I needed to post a large bail I couldn't afford I got a personal loan so I wouldn't have to forfeit the bond amount. Bail bond companies are mostly a tool for those without any assets.
SBF will be banned from opening up new lines of credit. Don't know if that only begins after the bail starts though.
His parents wont be. In my case the loan was from a personal acquaintence.
Right, that makes sense
Frustratingly, if you personally post bail, typically you have to post the full amount (this might depend on the state).
But bail bonds companies typically only post 10% of the amount.
No, the bond company posts the entire amount and keeps the 10% you paid them as their fee. This is why they employ bounty hunters to track you down if you try to skip.