Hotshot advice

738350

{"text":"I’m looking into saving up and getting me a 1 ton for hotshot but my credit is complete 💩 due to my parents ruing it early on and falling on hard times. Do I need a brand new truck or could I go with something like a 2nd gen Cummins? DOT regulations? Any advice would be nice. ","videos":"[]","link":"{}","pics":"[]","canComment":true,"externalShare":false}

670777

{"replyTo":"

255377 发表于 2020-02-25 11:17:40 Pay cash for everything and you won’t need credit. Sounds like odd advice but it’s very good. You can get 1 credit card and charge $5 on it every few months then pay it off the next month. This will rebuild your credit as time goes by. Creditors will settle on a debt for 25% of the original amount once it goes to collections, usually. Just stay out of debt, it’s the biggest trap in your financial life. Listen to Dave Ramsey’s podcast or watch on YouTube. I’m sure there are tons of videos on hotshot operators on there too. Good luck and stay on top!

","text":"Very very good advise. And yes it’s completely feasible. But most people don’t want to hear it and will say it’s not possible because they want the shiny stuff. My dad (debt free his whole life) always said an old pair of vise grips works exactly same as a new pair, as long as you oil them once in a while! A truck, trailer, pickup, etc is simply a tool to make money. If you want to shine up your vise grips and parade them around that’s your call, but that won’t make you any more money than keeping them clean and oiled up. And yes, listen to Dave Ramsey. The man is a genius. A little too in love with his money perhaps but his advise works. I know...:","replyToPid":332763}

255377

{"replyTo":"","text":"Pay cash for everything and you won’t need credit. Sounds like odd advice but it’s very good. You can get 1 credit card and charge $5 on it every few months then pay it off the next month. This will rebuild your credit as time goes by. Creditors will settle on a debt for 25% of the original amount once it goes to collections, usually. Just stay out of debt, it’s the biggest trap in your financial life. Listen to Dave Ramsey’s podcast or watch on YouTube. I’m sure there are tons of videos on hotshot operators on there too. Good luck and stay on top!","replyToPid":0}

368782

{"replyTo":"","text":"No you don't have to have a brand new truck. you can buy a used one as long as it will pass the dot inspection.","replyToPid":0}

779898

{"replyTo":"","text":"The $5 on the credit card won’t help. Just use the card but make sure you don’t use more then 30 percent of the cards value. So if the card limit is $1,000 don’t got over $300 per billing cycle if you spend $325 just make a early payment of $30 before the bill is printed. It’s okay to make 1 or 2 monthly payments to build credit but pay it off. Your score will jump 100 points easier this way. ","replyToPid":0}

655597

{"replyTo":"

255377 发表于 2020-02-25 11:17:40 Pay cash for everything and you won’t need credit. Sounds like odd advice but it’s very good. You can get 1 credit card and charge $5 on it every few months then pay it off the next month. This will rebuild your credit as time goes by. Creditors will settle on a debt for 25% of the original amount once it goes to collections, usually. Just stay out of debt, it’s the biggest trap in your financial life. Listen to Dave Ramsey’s podcast or watch on YouTube. I’m sure there are tons of videos on hotshot operators on there too. Good luck and stay on top!

","text":"That’s horrible advice. ","replyToPid":332763}

670777

{"replyTo":"

655597 发表于 2020-02-25 15:57:33 That’s horrible advice.

","text":"Says the guy(s) wondering how they can make next months payments on their stuff. ","replyToPid":332847}

738350

{"replyTo":"","text":"Thank you guys very much 🙏🏾","replyToPid":0}