Can i get a motorcycle loan with no credit no cosigner but cash down?
I'm looking at a Honda CBR and a Harley Davidson. The CBR is $3800 and the Harley is $5500. I can put between $1000 and $1500 down. Do you think this will be enough to get me a loan. I'm working fulltime and make enough to cover all my bill's. I just haven't established my credit yet. I don't know if it is relevant but I'm 19 years old
Depends on how much you actually make and what your credit looks like. If you have absolutely no credit, then you may have a hard time. Expect a very high interest rate too. Best you can do is apply and find out.
Probably not. No credit, not long enough on the job and probably not high enough income.
motorcycle loans are essentially signature loans and almost no 19 year old can get a $4000 signature loan.
Join a credit union, get a credit starter loan, pay on time for a year. If you are never late, you may be able to get one in a year.
Now, if you have a strong cosigner, you may be approved now.
Can you give us more info?
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