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.
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Another option is to talk to:
Mechanics/shop personel (mom and pop shops)
Owner operators
or anybody else in the trucking industry within your area.
Tell them you are looking to buy a truck, and most of the time, one of them will say something like "Ole so and so is selling his, he is tired of trucking, let me give you his number". Depending on their situation you maybe able to buy a truck with seller financing - you just pay the owner until its paid off. If you have atleast $5k to put down, some will entertain the idea if they have an truck just setting there.
If you go this route - This is key right here. Talk to them every week or two until you find one. This will show that you are persistent.
I did this with the truck that I'm buying this week, it took a few months and then one day, BAM!
In fact, I had another guy call me 2 weeks ago trying to sell his truck on terms because he can't drive anymore from health issues.kimbosa Thanks this. -
When you're denied credit they list all the possible reasons which may or may not apply to you. Best bet is to call them and see what they say.
With that if you have enough saved for a down payment at lone mountain but still have bad debt your priorities are in the wrong place -
truckerlife74, Pork Chop Express, jbatmick and 1 other person Thank this.
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Forget about pay for credit repair sites. Check this site out. It has everything you need.
https://creditboards.com -
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Chuck -
Get your credit report free (once a year) from all three companies... look at your reports and fix anything that is wrong or incorrect...
https://www.annualcreditreport.com/requestReport/landingPage.action -
On a serious not anybody can repair their credit by getting your free credit report and understanding how to delete old info, inaccurate info etc if you need help with tips or questions I will be glad to help I went from a 580 to a 670 in the matter of months by using credit karma and paying off some old collections and getting old info deleted and updated
GoBucks43228 Thanks this.
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
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