Any other choices to get a truck with bad credit other than Lone Mountain?

Discussion in 'Trucker Taxes and Truck Financing' started by Walleye05, Feb 15, 2015.

  1. Walleye05

    Walleye05 Light Load Member

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    Lone Mountain turned me down, CAG needs me to have a cosigner, which I have no one in the family to cosign me. Any other places I can look and apply to see if I qualify?
     
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  3. snowwy

    snowwy Road Train Member

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    if lone mountain turned you down. your probably out of luck anywhere.

    what was the reason? maybe suggestions can be made.
     
  4. joseph1135

    joseph1135 Papa Murphy

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    The Highway To Hell.
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    Work for a company and drive theirs while you rebuild your credit. If you can't get financing for one, you probably shouldn't be trying to own one. That's not being mean, it's the truth.
     
    indy89, cdavis188, '88K100 and 9 others Thank this.
  5. Freddy57

    Freddy57 Road Train Member

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    What Joseph said...it's the best advice anyone could give you.
     
    indy89, FLATBED and joseph1135 Thank this.
  6. FLATBED

    FLATBED Road Train Member

    If BROKE BANK MOUNTAIN ( Lone Mountain )will not finance your best to get your credit restored / rebuilt before thinking of becoming an O/O
     
  7. poppapump1332

    poppapump1332 Road Train Member

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    If lone star declined you with what they want ypu to put down id say your screwed for now.
     
  8. truckerlife74

    truckerlife74 Medium Load Member

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    There are places in nc and sc area will finance with 500-600 foci score for the right money down 3500-4k.. Drive now in sc is one for sure
     
    DetroitSpecial Thanks this.
  9. chalupa

    chalupa Road Train Member

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    Credit Repair.Com. $90 a month, slow but works according to buddy. Expect 6 months or better depending on damage.

    If traditional sources won't touch you then don't go sub prime / risky paper. Truck doesn't make enough money to support double digit interest rate and you will lose it and do more damage.

    Call Lone Mountain and ask what minimum FICO score is, make that your goal.

    Good Luck

    JMO
     
    T_Bone Thanks this.
  10. skateboardman

    skateboardman Road Train Member

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    lone mountain isn't just about credit scorem you have to have place to put the truck, if he is a student with no experience that's why they turned him down
     
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