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9
Sep

Things to Know About Truck Loan Requirements

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Things to Know About Truck Loan Requirements

If you would like to obtain truck financing, then you should know that obtaining a commercial truck loan is more complicated than getting a loan for a conventional vehicle. Many people quickly become overwhelmed by the number of rules, regulations, and general red tape involved in trying to get a commercial truck loan. However, it doesn’t need to be an arduous or confusing ordeal, as taking the time to review your options, and go over your financial data, will increase your chances of getting a truck loan. In some instances, you may need to go through some legal proceedings to…

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24
Jul

Benefits Of Solo Driving

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Whether you’ve recently decided to become a truck driver or have been exploring the great North American roads while hauling a trailer for decades, it’s always refreshing to get a new perspective on the benefits of a solo trucking career. Although there are thousands of people who choose to drive in a fleet as a part of a team, there are distinct advantages to exploring the open road on your own. Plenty of space As a truck driver, the cab is your personal space. You keep your clothes here, food, blankets, and will likely sleep there during the majority of nights while on long hauls. It’s your home away from home, and inviting someone into it can be hard for certain people. When you ride with a partner, you have to separate the space available, create boundaries and rules so that you are not getting in each other’s ways or…

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14
Jul

Getting a Truck Loan After Bankruptcy

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While no one wants to entertain the possibility of ever going bankrupt, the reality is that sometimes life can deal a crushing blow to the extent that you find yourself deep in debt and unable to pay back creditors. You can definitely rebuild your credit worthiness over time post-bankruptcy, but the difficult process of achieving a respectable credit rating or re-establishing creditworthiness, need not hinder your truck loan options. Bankruptcy is not a permanent hindrance to getting a loan Even if you’ve been forced to file for bankruptcy, you can qualify for truck loan credit at reasonable rates. While truck loan rates will generally be a little bit higher than they would be if your credit rating was strong, you’ll still qualify for affordable options that will allow you to get a vehicle and start your career towards a stronger future. At Truck Loan Center, a division of RB Leasing,…

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