Motorcycle Loan

[Robertwd82]

DCU offers motorcycle loans at 9.9% for 60 months. I was approved with a 650 auto enhanced equifax fico. I was also approved for at the same time a 20k auto loan at 5.9% for 65 months which i can refi as soon as my auto fico eq goes up to 675. Also got a 2500$ visa with 13%.

Www.dcu.org

[Anonymous]

Definitely looking into that ^

[cartwrna]

This is an old thread, but in response to previous posters information shamrockblack, look around before going that route. DCU is a good source for auto loans (I have one with them at 1.49%), but their motorcycle rates are too high. I bought a new R6 in March and used my credit union, got 60 months @ 3% with no down payment. 9.9% is outrageous.

[Anonymous]

I have no credit history so if I can get approved at all I'll be stuck with a high interest rate unfortunately

[cartwrna]

It's best to build credit and then buy if planning to finance. Otherwise you can find good used bikes pretty cheap and just pay cash. Otherwise you will end up paying twice its worth with interest. Just not worth it, in my opinion anyhow.

[Anonymous]

It's worth it imo lol, plus I could refinance in a bit

[Anonymous]

Those are your scores and Freedom denied you? That's interesting.

I bought a Bonnie in June and went with financing from Navy Federal. At the time, I got their lowest rate of 5%. Not sure if you or a family member is eligible but they gave me what I felt was a fair deal.