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Bad credit, need financing

Discussion in 'Trucker Taxes and Truck Financing' started by tank driver, Nov 29, 2015.

Page 1 of 3
  1. Nov 29, 2015 #1
    tank driver

    tank driver Bobtail Member

    4
    1
    Nov 29, 2015
    0
    Hello im new to this but iv been reading some posts and they are very helpful.
    But i have a specific question and not really sure were yo ask it on here.
    But could anyone tell me were i could finance a truck with bad credit and no credit checks?
     
    tank driver, Nov 29, 2015
    tank driver, Nov 29, 2015
    #1
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  3. Nov 29, 2015 #2
    truckon

    truckon Swamp Thing

    4,775
    15,914
    Dec 16, 2011
    Like I'd tell you!
    0
    C.R. ENGLAND.
     
    truckon, Nov 29, 2015
    truckon, Nov 29, 2015
    #2
    poppapump1332, dog-c, HalpinUout and 1 other person Thank this.
  4. Nov 29, 2015 #3
    uncleal13

    uncleal13 Road Train Member

    3,757
    6,199
    Apr 9, 2009
    Humboldt, Sk
    0
    Well, I have great credit and got financed at 5.99% you would probably be paying something close to 18%. On a $130,000 truck that means I would pay about $2,500 a month and you would pay $3,300. That $800 a month difference pays for a lot of tires and maintenance.
    But I realize life may have thrown you some tough curve balls. So a lease purchase maybe you're only choice in the short term. Or on the longer term plan, save your money, rebuild your credit, and in two years take another look at it.
     
    uncleal13, Nov 29, 2015
    uncleal13, Nov 29, 2015
    #3
    HalpinUout, TruckDuo, Dave_in_AZ and 1 other person Thank this.
  5. Nov 29, 2015 #4
    Dave_in_AZ

    Dave_in_AZ Road Train Member

    49,813
    315,617
    May 4, 2015
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    What about Schneider?
     
    Dave_in_AZ, Nov 29, 2015
    Dave_in_AZ, Nov 29, 2015
    #4
  7. Nov 29, 2015 #5
    Chinatown

    Chinatown Road Train Member

    68,414
    143,445
    Aug 28, 2011
    Henderson, NV & Orient
    0
    Cardinal Logistics
    Greatwide
     
    Chinatown, Nov 29, 2015
    Chinatown, Nov 29, 2015
    #5
  8. Nov 29, 2015 #6
    tank driver

    tank driver Bobtail Member

    4
    1
    Nov 29, 2015
    0
    Iv heard good and bad things about lease purchase. Could yaw recommend the best places to do so?
     
    tank driver, Nov 29, 2015
    tank driver, Nov 29, 2015
    #6
  9. Nov 29, 2015 #7
    Chinatown

    Chinatown Road Train Member

    68,414
    143,445
    Aug 28, 2011
    Henderson, NV & Orient
    0
    Freymiller
    TransAm
     
    Chinatown, Nov 29, 2015
    Chinatown, Nov 29, 2015
    #7
  10. Nov 29, 2015 #8
    Eeyore05

    Eeyore05 Medium Load Member

    311
    286
    Nov 13, 2015
    'Sconni
    0
    Why not just drive company? I've been in your position, and I chose wrong. You think your credit is bad now. ..
     
    Eeyore05, Nov 29, 2015
    Eeyore05, Nov 29, 2015
    #8
    blairandgretchen Thanks this.
  11. Nov 29, 2015 #9
    tank driver

    tank driver Bobtail Member

    4
    1
    Nov 29, 2015
    0
    Well thats what iv been doing. Driving company and its ok. But i just want more i guess.
     
    tank driver, Nov 29, 2015
    tank driver, Nov 29, 2015
    #9
    BRyh Thanks this.
  12. Nov 29, 2015 #10
    tank driver

    tank driver Bobtail Member

    4
    1
    Nov 29, 2015
    0
    What about Schindler?
     
    tank driver, Nov 29, 2015
    tank driver, Nov 29, 2015
    #10
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