Picking my own freight baby! My journey to & of being on Schneider choice, the Adventure & Numbers!

I see this suggestion a lot. Do you know how many years it takes to fix bad credit? How many more years to stack up a down payment working a crap paying company job?

TA

 

And how long after signing the lease will it take for a guy with no credit and no cash to make things much worse?

 

You didn't answer the questions.

To answer yours, it took 4 years to pay off my lease and own the truck.

TA

P.s. oh, and by the way, those on-time lease payments also boosted my credit score.

 

That would depend on just how bad a guy screwed his credit up. Could be a year, could be five.

 

I lasted 3 minutes. Between him slurping his drink, smacking his lips and taking a 2-3 second pause between every other word, by 2:45 i was ready to thrown a pee bomb.

 

he gets distracted by the live comments. that 2 1/2 hours could have been handled in about 10 min if that.

 

1st of all that idiot wouldn't know how to be an owner operator if his life depended on it

 

Who is this guy and what happened? I couldn't make it through more than a few minutes.

I noted his gripe about the rental charge "discrepancy" for the trailer, Orange charging a $1,000 a month and the rental place guy quoting $450 a month.

Trailer rental places obviously charge an additional mileage usage fee on top of the base rate.

 

And you didn't answer mine.

Depending on his credit and cash flow, 2 to 7 years to rebuild great credit ratings.

My point was a guy with bad credit probably doesn't have a lot of business savey. Maybe an invalid assumption, but a safe one to make. He was upside down on truck and trailer, strike number 2. He d I sent have cash for a down payment which means he doesn't have a capital reserve fund for breakdowns/issues which need tissues. One I found the recurring bits of advice for new o/o is solid capitalization.

If he runs as a company guy for 1-2 years, saves up and plans he might have a decent chance. Right now he has a high likely hood of becoming part of the 40% who don't survive their first year.

 

LOL I knew that guy was an idiot before I even got my permit. I see now that I was not alone.