Financing CDL Training through a Bank?

Was WIA one of the grants you looked at?

In hindsight, I would take the high interest only if it came down to a choice between the loan and company sponsored training, but yeah. 18% is pretty high

 

Perhaps a secured, private loan? I mean most schools 'round here are at 3-4k tuition

 

hey not sure if this helps but what i did was applyed for a student loan its 6% and thats all i get to use it for it kinda back fireed on me allitle bit but never the less i am finnishing upo shcool next friday and road test following wednesday hope you can get it to work for you to

 

Great job starting out.
You are finding out about trucking before signing up for somthing.

Tell your father that you are gainning a skill that comapnys will hire you for later. Not nessasarrly trucking. They will hire you and you can move some trucks around in a comapny. I.E. example, when you have a production plant they have trcuks moving in and out all hours of the day and night. some times they need an empty trailer moved to or from the building(keep the plant running).
In the place I worked they had nobody in the shipping depatment tha could do it.

Also gaining valuable higher paying skills, better than low paying job.

 

Not much sense in this post . Unlike licenses in other trades CDL's have a limited shelf life . Spend a little time without recent experience and the CDL and school are useless . I can't think of any other industry with such a high failure rate of newbies . Today's newbies are just replacing yesterday's newbies that failed . Most newbies quit or are terminated before they earn half what they paid for school .

 

Whatta know RickG, I finally agree with you on something Alot of people are dropping in the first year. JaRose, if I were you, I would visit a school that has Financial Aid from the government available. Then, you could get your school paid for up front. Hopefully, the school you choose works with companies that pay tuition reimbursement, and you can get your student loans paid for on the backside. This way, instead of a company taking money out of your check each payday, they will be adding money to it. Good luck to ya!