Company-sponsored CDL School And Credit Reports

I have some very old credit card debt on my credit reports from when I was married. The ex-wife went BK, I never did. I am not in collections. No one ever calls me on it. My lawyer says it's noncollectable, and since it's all over 4 years old, I shouldn't worry about it. The credit reports say it will stay on until 2016.

I am wondering how this will affect company sponsored CDL school. Since the schools effectively loan you the money to attend school, will the old debt be a deal killer?

I owned a small business for over a dozen years before the divorce, but the business went belly up after the divorce. So barring a miracle, company sponsored is the only way I will get into a school. And really want to go OTR. It seems like the life for me now.

Prime does a credit check but many other ones do not... my credit is below 600 and it was not an issue at all.

Most schools don't do credit checks. Only a very small amount do. So honestly I wouldn't worry about it. Just to be safe I would ask the recruiter of the company you're applying for. But really you should be fine.

Should not be an issue. Most (even Prime) do not worry about what your credit score is.

I drive for Prime, I am currently in the lease program. My credit is not stellar, and it is not an issue at all.

Ernie

Funny thing. CRST has a website for students.

"Approval for the program is based on the applicant’s driving, work and criminal history, not credit! There are NO CREDIT CHECKS!" It exclaims.

http://www.joincrst.com/students.php

But on the applicant disclosure agreement, it clearly states that it MAY do credit checks. And deny employment, or I assume admission to the school, if derogatory credit info is found.

http://www.joincrst.com/pdfs/09192012/DISCLOSUREAUTHORIZATION.pdf

This forum has become my new hobby -- when I am not doing the practice test that is. I'm above 90% and I've just been at 3 days. Reset my score 3 times I think.

When I applied to Roehl they ran a credit check only to see if I qualified for their tution assistance program. They said a score of 500 or higher qualified.

Just about every company will do a credit report even though they say they don't. Most drivers will never know that they did one, because they don't read the fine print. Is it a "deal breaker", NO.

Just as they do the reports they have to be careful about not hiring you because of your credit history. The Fair Credit Reporting Act does actually guard against that. If you are denied employment based on your credit, YOU HAVE TO BE TOLD! If not then it is a violation of FEDERAL LAW.

PJ has pointed out their biggest concern. What is your score. Based on that score they are able to receive federal funds for putting you through school. Yes, many companies are getting assistance from the FED boys for training you. That is also an attachment to the WIA, (workforce investment act). Just as they love convicted felons. They get a tax credit for that.

So, you are in the clear. And just for humor sake, if you have a wooden leg or wear man diapers you might want to tell them because they probably get a tax credit for that too!

Gotta love big business and small governments!

Just as they love convicted felons. They get a tax credit for that

Yeah, but they get slapped in the face by the premiums their insurance company will require for that. I think that's why the government would give a tax credit for things like that. Otherwise very few people would ever get a second chance.