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need loan for a truck and have bad credit?
I'm starting a business and looking for a truck to pull a big trailer all over the country. i have bad credit do to a divorce and a bankrupcy. I would like to better my self by making my credit better again.6 years ago - 4 answers
Try getting an online auto loan quote. www.autoadviceonline.com/Free-Auto-... The automated questionairre will give you results based on your credit and financial situation. It's free and you can get an answer in minutes.6 years ago
That's a great goal but it's something that's going to take time and effort.
In this economic climate, there's no way you will get a loan.
Okay? I think you are better off paying cash for an older truck, or financing a small amount. So you can try to rebuild your credit. Than when you have most of your credit cleaned up, try apply for a loan on a newer truck.by quepasameng - 6 years ago
Good luck with that.
Owner/operator is hard to get into unless you have a good truck, and with bad credit I doubt you would qualify for a loan...most trucks go for well over $50k. Even on the low end models.
Your best bet would be to work for a trucking company and pay your bills.
Some companies offer driver lease programs, where you basically purchase the truck from them.
Source(s)by lunartic5 - 6 years ago