Booking a Load with a Low Credit Score Broker?

I’d have to ask myself how bad do I need the money? And if your sure they going out of business, I wouldn’t do it

 

Not with a 10 foot pole.

 

Why would you even think about booking with them? My criteria is 3 years in business. 90 Credit score and 40 DTP.

I'll go down to 2 years in business if their credit and DTP are flawless and I want the load.

 

Your loaning someone 4,000 and you have questions if they will pay you back. Don't give them the loan.

 

Credit score has dropped almost by half and Days to Pay has nearly doubled in less than a month. The answer is no, unless they pay you up front...in cash! Yes , I am being sarcastic.

 

Call their surety bond company and ask if there are any claims. Or, make them do quick pay. Either half up front and half at the end or right after delivery. If they dont quick pay then file on the bond.

Sometimes things happen and the score gets temporarily out of wack. Wouldn’t you hate if DOT did something to hurt your credit score when it was a freak thing and now nobody will do business with you for a few months while you get it corrected? This can put companies out of business.

 

Why some people go after easy to get work when there is so much more out there that pays well and on time ... I just don't get.

 

Signs of trouble. If my factoring company says yes then yes I will but won’t deal direct with them.

 

I don’t touch them if it’s below 85.

Doesn’t matter how long they’ve been around. Trucking is volatile. Even good companies go belly up.

Don’t gamble with your livelihood.