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Motorcycle / Recreation loan Question -

Established Member

Motorcycle / Recreation loan Question -

searched in the stickies and couldn't find it. 
 
I know for home and auto loans, you have the 2 week period to shop around and it only counts as one pull, and doesn't affect score for 30 days.
 
question is, do these rules apply the same for a motorcycle loan.  Some credit unions lable it a recreation loan.  I plan on getting a bike, but want to make sure i'm allowed to shop around for loans without it hurting me.
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Super Contributor

Re: Motorcycle / Recreation loan Question -

I'm not sure of the answer but you could always call the banks/CU's you intend to apply with and ask what they consider it.
Mortgages (FHA, VA, USDA, Fannie, Freddie, Non-Prime) since 2002, based in Irvine, CA and lending in all 50 states

Information that is needed to determine if you qualify for a mortgage

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Moderator Emeritus

Re: Motorcycle / Recreation loan Question -

If all of the inquiries are coded as auto related, FICO's "de-duplication" window would count them as one. If not, your scores will take a bigger hit.
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