Advice
- Thread starter leonm47
- Start date
A credit union usually offers the best rates on loans. If you get pre-approved at a certain rate from your bank or credit union, I've found most auto and bike dealerships will work hard to match that rate and get your business.
D
dbmg
Guest
Alot of what makes a good rate equates to high credit score. Check out the local credit union for they usally have good rates. You may have to join though, but it might be worth it....
Redfish-Joe
Senior Member
I got 4.5 for 60 at Eaglemark. Matched what my credit union would do.
J
Jack Klarich
Guest
Home Equity line, Tax delectable:s
bcortani
Active Member
Kinda what we did, refinanced with very low interest and borrowed on equity, (plans are to get bigger house soon...) paid cash for my bike out of that and as Jack said, tax deductable baby. :newsmile093:
J
Jack Klarich
Guest
:s Playin it smart til they take away the deductions:s
R_W_B
Senior Member
Alot of what makes a good rate equates to high credit score. Check out the local credit union for they usally have good rates. You may have to join though, but it might be worth it....
That's good info. Also make sure you completely understand any and all points or extra charges on any loan. The bottom line is what you are after.
Excellent advice, especially if you plan to pay off the loan regardless of the bike being totalled or stolen. But that would be the honorable way anyhow, but some folks don't and they also have bad credit.
But you can't fool around with a home equity loan or they can put a lean on your place.