Best methods of payment?

Discussion in 'Ask An Owner Operator' started by ElijahJohn1, Jan 24, 2019.

  1. Gdog66223

    Gdog66223 Road Train Member

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    No comcheck is ok... that's as good as cash.
     
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  3. PE_T

    PE_T Road Train Member

    I don’t know about the most preferred method, but I get paid by direct deposit, and it’s great. Getting paid by check wouldn’t work for me because I am rarely at home, and plus, your checks could get lost or stolen.
     
  4. Gdog66223

    Gdog66223 Road Train Member

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    I do factoring so I get paid next day.... works great for our business...
     
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  5. PE_T

    PE_T Road Train Member

    I did QuickPay for a couple of months when I started. I got scared when I saw my bank balance lower. I hate borrowing money. I try to pay everything cash whenever possible, or pay it as quickly as possible. It saves a lot of money in the long run. QuickPay and factoring can cost at least 5k a year at 2%. The higher the yearly gross, the more.
     
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