You should be more concerned about fixing your credit issues. Start with paying off your old debt and teach yourself to do a better job at maintaining your debt to income ratio. The last thing you need at this point is more debt IMO.
Edit: just seen this was already an answer from someone else. My bad.
Seeking Guidance As A New O/O With A Lease . .
Discussion in 'Ask An Owner Operator' started by OONewbie, Jan 29, 2015.
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Most people live their lives in debt till they're dead, that's the american dream. Lets consider something though, if someone's credit score is around 500 the only credit card they will most likely get will be high interest. Now take that credit card and max it out at 20k with an interest rate of 19-20%, twll me what will you get? A bigger shovel to dig a bigger hole with. If you are an owner operator with maxed out credit cards on a normal basis, then how are you being successful? I am not an O/O but to me that seems like common sense...
Big_D409 Thanks this. -
Funny thing is, you'll never get to have a darn thing unless you are lend money..
But then again, you can always hit the lottoCoyote302 Thanks this. -
Last thing on debt: Having no consumer debt is a good way to live, leaving more discretionary income than other ways to live. When buying any commodity or equity, there is nothing on earth that will overcome the consequences of a bad purchase. That's why we all say be careful.Ok big boy Thanks this. -
First of all, english is not my first language so ill keep it short. If ou have any questions feel free to ask.
First truck I bought was about 8 years ago. Used truck, 1998 t200 with 200k kilometers. Found myself a contract with a bakery doing road train in Canada. As time went by, I goy offered more and more runs with the same company.
Always bought used until this month. Bought 19 used truck in the last 8 years. I have been carefull on what I bought and good luck so far, exept for the last 3 trucks... I have had 3 of the engine blow à piston or went dry, no oil going to the top engine. One 2008 cummins, and two 2008 detroits.
First t200 is still running strong, just put a new from the crate engine at 2 700 000 km!!!
Older engines seems to hold a lot better then 2007 2009 engines.
I just sold 2 of my 2008 cummins and 2008 detroit and went straight up with 5 new 2015 freightcrapers. Last one os getting delivered this morning.
First one I bought was a month ago. Tryed it ony longest run, 1598 km, on that run alone I save up to 150 litres of fuel.Ok big boy Thanks this.
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
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