Monday, October 26, 2009

If I am trying to finance a motorcycle, which would be the smarter way to go about it??

Should I try and go through a business I am already doing business with like the finance companies for my two vehicles, or should I apply for loans on these websites like ELOAN.com and Lendingtree.com, thanks for any help guys



If I am trying to finance a motorcycle, which would be the smarter way to go about it??

The smartest way? Save up for it.



The second smartest way? Shop around, rates are rates. You may have better luck getting approved at a place you've done business with before, but that doesn't mean it should be the only one you check out.



If I am trying to finance a motorcycle, which would be the smarter way to go about it??

For something as important as borrowing money, I really like to go in and see an actual person - especially if you have past business with the finance company - since they likely know you or at least have your file from past loans, the motorcycle loan should be a more simple matter.



If I am trying to finance a motorcycle, which would be the smarter way to go about it??

Are you buying the bike from a dealer or private seller? All dealers have own financing. Secondly, your finance companies currently dealing with, may not want give you a third loan for another vehicle, especially a bike.

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