Can you get a loan from a bank with bad credit

Why not just fix your credit? I've never had lower than 740 my entire life and have seen as high as 830. All I do is use my credit card for the points and pay them off every month to avoid interest. I've taken a few loans for trucks and trailers and never missed a payment. There's no secret to having a good credit score. Just pay your bills on time.

If you can't manage to pay your bills on time you don't need to be borrowing money for a business you certainly won't be able to manage.

 

You can get a loan but you’ll pay 30% down and most likely higher interest.
Older trucks are between like 10-17% and if you buy newer closer to 7-10%

What im saying is if you’re going to buy a truck from a dealer take a shot at loan mountain leasing
Like 6 years ago I was looking to buy my first truck no credit I was approved with 5k down for the truck I was looking at. At that time was a pro star.

They’re giving away trucks these days because not many people are buying the rates are crap depending on what you use it for

I have 3 trucks now since then and 1 pulls my dry van one pulls my reefer and the 3rd one now I’m setting up to haul cars

 

There are a lot of reasons for people to fall on hard times with money with no fault of there own

 

That's what people say who can't manage money (99% of truck drivers). "I have bad credit, but it's not my fault" is a cliche at this point at any truck stop round table. Stuff happens, but that's what savings are for. Do you have 6 months of expenses in savings? If not are you living off of rice and beans until you do?

 

I paid off my 95 Kenworth in the last year which had a 5.5% interest rate at my local bank, but my banker knows I pay my bills instead of making up a bunch of excuses when things don't go my way.

 

Yea me and my family and friends all have plenty of money to go around. We saved up enough to where all of us could happly make it 4 or 5 years without lifting a finger