credit history and jobs

I can't see why ANY large company would check your credit unless you're trying to lease. I don't know for sure, though. It's never happened to us - MVR, DAC, attitude, knowledge, skills, and you're good to go

 

A lot of leases don't even look at credit history.

 

I have always been dead set against leases, but I have talked to a lot of mav's IC's and most are very pleased and doing quite well with them. I had a lot of down time the other day and one was showing me his profit. His truck cost him 600 a week for overhead all payments, trl rental etc. His truck avgs 1.50 a mile for all miles and cost him .95 cents to run. Truck makes 3.000 to $6.000 a week, but he figures on 35 at 6 mpg to get his avg. He runs about 3 loads a week and drives 55-60 mph. Mav pays him 22 cents a mile for fuel and they take out 10% for his maint fund. He just figures up which runs he wants and takes the best paying ones. I use about 1000-$1500 a week in fuel. I run harder. He probably spends about 800 on fuel. He and I ran the same load. I was paid $400 before taxes he cleared 1200 after all expenses.

I also hear that BTC has a similar walk away lease and have heard good about them as well. I would do a lot of reaserch before any lease.

 

Some companies look at your credit history. Most don't. Even fewer will in the future.

If you pay close attention to your application forms, you sign a release form at any company, allowing them to check your credit.

Based on what Dave Ramsey says about his credit worthiness, he couldn't get a job at these companies. But he could pay cash for a new truck LOL.

Don't sweat it too much.

On the flip side. I view companies that check your credit, as bottom feeders. I suspect that many companies will NOT hire someone with perfect credit. As those people can not be bullied into doing as they are told, as often as someone who "needs" the job.

 

Some believe that your credit record also has something to do with your work performance...

I read somewhere that they did a study where people who had poor credit also poor workers such as being late to work, lazy ext....
Of coarse this is not true in all cases...

On top of this they also use it for the "potential" of being bribed or possibility of theft...

They believe if you have poor credit you may sell company information...
As well you may be tempted to steal from the company...

The truth is there is no proof of this but a few studies... We all know they always are not correct....
Not just pre-hire but long term employees are at risk of loosing their job due to a poor credit score...

 

You do not have to tell a potenial employer much.They are concerned with your DMV record,past criminal background and your credit history.However,they do have the tools to search all records to see if your telling the truth about your driving history,criminal background and how you have handled money in your past.Do a search on your driving record,background and credit before you try to hire on to a company.You can then correct any info that you may think is incorrect.I would rather be confronted with info that is correct and also showing that I am honest.I don't think credit should be a major concern,not in todays enconomy.But again be honest about your past,I have friends leave out a few things about their past history and fired a month or two to later because of a speeding ticket that they forgot about.Trucking is Trucking,it's changed over the years,more rules and regs,but still very rewarding,but a tough job,Good luck.

 

You are soooo correct.

All you have to tell them is your name, your birthday (required for trucking jobs), and your Social Security Account Number. Once they have that information, and a signed release from you, they can give you a "look-see" that would make a Proctologist jealous.

And, you need not tell them another thing.