4 Thoughts on How can someone get a motorcycle loan with a not so great credit history?
  1. Reply
    January 24, 2013 at 6:51 am

    Probably had a co-signer.

  2. Reply
    January 24, 2013 at 7:17 am

    i’ve always viewed a motorcycle as a luxury, in the US…

    save up and pay cash!

  3. Reply
    January 24, 2013 at 8:06 am

    You’ll have to clean it up, or get someone to co-sign. If someone co-signs, that means the bank doesn’t think you can handle it and will go after them if you don’t make payments.

    This brings up something interesting – if someone ever wants you to co-sign for them, don’t! It means the bank doesn’t think they’re going to pay back on time, so to think you’d get your money back would be a reach too!

    Here’s some info from the FTC about what to AVOID when repairing your credit:


    Here’s some tips I learned at my last job at a credit union:

    0. Settle any outstanding debts, especially if you’re late.
    1. Get rid of any store brand credit cards.
    2. Get rid of all but 2 of your major credit cards.
    3. Debit cards do not count as credit cards, so you can have as many or few of these as you want.
    4. Time, time, time – you have to wait for your score to go up.
    5. Defer non-essential purchases (maybe you can clean it up by next spring when the weather for the bike is nicer – maybe they’ll even lend you more and you can get a better bike by then!).

    Most importantly …

    Pay all bills on time.

    Good luck!

  4. Reply
    January 24, 2013 at 8:59 am

    You can get it from anywhere but it will be high !

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