Financial History Effects On Future Job Prospect??

Topic 9048 | Page 1

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Col. O's Comment
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If anyone knows what financial background is pertinent to getting a job in the trucking industry, it would be much appreciated!? Will be finalizing a Chapt. 7 the first week of CDL school. I see plenty about criminal background stuff and I'm good there, but what about finances. My credit score will of course be crap since I'm going bankrupt - divorce / business failure follows etc. very old story. But, what does that do to ones prospects? Anything anyone has on this will be great appreciated...Be careful out there.

Col. O

CDL:

Commercial Driver's License (CDL)

A CDL is required to drive any of the following vehicles:

  • Any combination of vehicles with a gross combined weight rating (GCWR) of 26,001 or more pounds, providing the gross vehicle weight rating (GVWR) of the vehicle being towed is in excess of 10,000 pounds.
  • Any single vehicle with a GVWR of 26,001 or more pounds, or any such vehicle towing another not in excess of 10,000 pounds.
  • Any vehicle, regardless of size, designed to transport 16 or more persons, including the driver.
  • Any vehicle required by federal regulations to be placarded while transporting hazardous materials.
Brian M.'s Comment
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Welcome to the forum Col O, You are in luck my friend the all forgiving Truck Industry really doesn't care to much about your financial history. All though there may be a few companies that do, by and large most don't. The companies that may are the ones who only lease or make you O/O and have no company drivers. I don't fit in this category myself but do know quite a few drivers in your position who have become successful drivers. I drive for Prime and heard several drivers talk about their financial history and believe me if Prime was worried that would be down quite a few drivers. Now that being said once you do become a successful driver I would make sure you started repairing it for the future. It's amazing how a bad credit score can affect ones life! So go for it, you have absolutely nothing to lose.

Col. O's Comment
member avatar

Welcome to the forum Col O, You are in luck my friend the all forgiving Truck Industry really doesn't care to much about your financial history. All though there may be a few companies that do, by and large most don't. The companies that may are the ones who only lease or make you O/O and have no company drivers. I don't fit in this category myself but do know quite a few drivers in your position who have become successful drivers. I drive for Prime and heard several drivers talk about their financial history and believe me if Prime was worried that would be down quite a few drivers. Now that being said once you do become a successful driver I would make sure you started repairing it for the future. It's amazing how a bad credit score can affect ones life! So go for it, you have absolutely nothing to lose.

Thanks Brian M. that is comforting, it is what I generally thought having read much of TT discussions but I'm trying to tackle every possible contingency. Again, I'm much obliged!

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