Bad Credit Motorcycle Financing

If your credit is in great shape, have some cash to put down and are interested in a new bike, financing is a breeze. At different times on the year, all of the motorcycle dealers have promotional deals on financing. You are best to contact the dealers directly and they will give you an idea when the financing promo is usually on. They may not know the exact time until the manufacturer tells them. Leave them your number to call for the date. A slight interest rate drop makes a big difference over the term of the bike.
Now what if you’ve tried the dealer financing route and didn’t get your loan? Now is the time to pull your own credit rating and find out why? www.myfico.com offers credit history reports that will help you to understand why you were turned down. There are a few companies on the web that do bike loans. We have a few listed on this page. Motorcycle financing is treated more like a personal loan than a car loan. Motorcycles are easier to steal and when there is an accident, the bike is usually totaled. Lenders bring all of these factors into play when assessing what they will finance. Good luck with your purchase and we hope your riding soon.

 

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