Tony, banks/credit card companies shouldn't offer credit to people who can't afford it. Credit Card companies used to make their money on transaction fees. Interest rates were sub 10% for qualified customers (currently the national average is 19%). Now the bulk of their money is made from interest payments. US consumers are in 1.2 Trillion dollars in credit card debt. Your comparison is just wrong. -As for broker transparency, they will try to make as much as they can. What's more American than that? The ones keeping large portions of the fee are preying on desperate drivers trying to survive on cash flow. I don't blame the brokers for this. As was said on the episode...if you can't run your business, that's on you. The dismissal of fuel surcharges across the board is where brokers are wrong. By rolling it up into a flat price they are able to try and control rates when there is a spike in fuel prices. Transparency only becomes an issue when fuel costs spike. Just my $0.02
The greatest thing is moving forward!! If you fail a drug test cdl gone puff 💨 And that may account for 10,000-30,000 drivers a year...
Tony, banks/credit card companies shouldn't offer credit to people who can't afford it. Credit Card companies used to make their money on transaction fees. Interest rates were sub 10% for qualified customers (currently the national average is 19%). Now the bulk of their money is made from interest payments. US consumers are in 1.2 Trillion dollars in credit card debt. Your comparison is just wrong. -As for broker transparency, they will try to make as much as they can. What's more American than that? The ones keeping large portions of the fee are preying on desperate drivers trying to survive on cash flow. I don't blame the brokers for this. As was said on the episode...if you can't run your business, that's on you. The dismissal of fuel surcharges across the board is where brokers are wrong. By rolling it up into a flat price they are able to try and control rates when there is a spike in fuel prices. Transparency only becomes an issue when fuel costs spike. Just my $0.02
How about just get rid of the brokers .