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Qualifying for company sponsered cdl training....

Discussion in 'Questions From New Drivers' started by falconbowhunter, Mar 17, 2012.

  1. Mar 17, 2012 #1
    falconbowhunter

    falconbowhunter Bobtail Member

    37
    1
    Dec 27, 2011
    Findlay, Ohio
    0
    Roehl needs a credit score of 500 to even qualify. Trying to get a bank loan for the private school route requires usually a 650 or better at min. to qualify. How many people have tried to get cdl training both ways and don't qualify? What might be a problem for me in getting a foot in the door is that fact that I have not bought a house or leased or financed a car in my life , neither do I have any credit cards(debit only). It seems this lack of credit is hampering me getting anywhere?:biggrin_25511:
     
    falconbowhunter, Mar 17, 2012
    falconbowhunter, Mar 17, 2012
    #1
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  3. Mar 17, 2012 #2
    Boogers

    Boogers Light Load Member

    284
    227
    Feb 10, 2012
    Directly above the center of earth.
    0
    Have you considered saving up the money and paying in cash instead? It may take you a year or two, but then you wouldn't owe anyone.

    I paid for CDL school on my credit card, mind ya, but that's cause I was in the middle of a divorce, just lost my job, and had to do something FAST.

    If you got the time and a job, save up money for a year or two and then go to CDL school. At the very least you could pay cash for half and get a loan for the rest. That's what I would have liked to do.
     
    Last edited: Mar 17, 2012
    Boogers, Mar 17, 2012
    Boogers, Mar 17, 2012
    #2
  4. Mar 17, 2012 #3
    Jackofalltrades1977

    Jackofalltrades1977 Light Load Member

    265
    77
    Mar 8, 2012
    Salisbury, NC
    0
    Check into local community colleges and other driving schools. You can also go through VR if you have a disability and qualify.
     
    Jackofalltrades1977, Mar 17, 2012
    Jackofalltrades1977, Mar 17, 2012
    #3
  5. Mar 17, 2012 #4
    NYROADIE

    NYROADIE Heavy Load Member

    773
    471
    Jun 24, 2010
    Rochester NY
    0
    Check with the school itself, the most likely have some one that will handle"problem loans" just be ready to pay a higher interest rate. Have you checked out a local credit union? They may say yes when the banks are saying no.
     
    NYROADIE, Mar 17, 2012
    NYROADIE, Mar 17, 2012
    #4
  7. Mar 18, 2012 #5
    falconbowhunter

    falconbowhunter Bobtail Member

    37
    1
    Dec 27, 2011
    Findlay, Ohio
    0
    Well at my present job and pay, it'll be near impossible to save up that kind of dough. Yeah, it would be better if I had the cash as I hate the thought of getting a loan but I just don't have the income that will make that feasible in 5 years let alone 1 or 2.
     
    falconbowhunter, Mar 18, 2012
    falconbowhunter, Mar 18, 2012
    #5
  8. Mar 18, 2012 #6
    falconbowhunter

    falconbowhunter Bobtail Member

    37
    1
    Dec 27, 2011
    Findlay, Ohio
    0
    Yep, applied online to a credit union in my area that was recommended by Trainco truck school as the easiest option for problem loans but no response from them.
     
    falconbowhunter, Mar 18, 2012
    falconbowhunter, Mar 18, 2012
    #6
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