New owner operator, Lease or Own authority?

Discussion in 'Ask An Owner Operator' started by jsingh, Dec 17, 2018.

  1. PE_T

    PE_T Road Train Member

    I don’t think anyone is saying that it is impossible to do it the way you are suggesting. We are suggesting a more financially solid business plan. Let’s face it. Lots of people go out of business because they did not have enough money of their own. Simply relying on other people’s money has its limits. Doing it your way can potentially hit that limit, and if not, destroy your credit score for excessive new credit requests, total amount owed vs amount available, ability to pay back and on time, etc.

    I repeat, I am not saying never to get loans. Just don’t use your credit as an emergency fund. It’s really not wise.
     
    Midwest Trucker and jsingh Thank this.
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  3. PE_T

    PE_T Road Train Member

    Let us know when you get out of that hole.
     
  4. Gdog66223

    Gdog66223 Road Train Member

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    I'm not in a hole... I'll gladly upload my reports.. let us know when you quit playing O/O and actually become one...
     
  5. PE_T

    PE_T Road Train Member

    Oh, please. I don’t want to post my USDOT on the web. All my posts are on my profile. By the questions I have asked you can deduce I am a motor carrier.
     
    Last edited: Dec 19, 2018
  6. Gdog66223

    Gdog66223 Road Train Member

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    Oh yea if you put all your information on here the Forum would utterly explode with all your knowledge...
     
  7. PE_T

    PE_T Road Train Member

    Hey, you are the one who said I was playing O/O.
     
  8. Gdog66223

    Gdog66223 Road Train Member

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    Yea and....
     
  9. PE_T

    PE_T Road Train Member

    You are getting all butthurt.
     
  10. Gdog66223

    Gdog66223 Road Train Member

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    I'm really not just going with the flow man
     
  11. line

    line Medium Load Member

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