Thursday, August 11, 2011

Whats the Lowest Credit score to get a MotorCycle?

You can not compare motorcycle financing to car financing. Cars are necessities, and financed as such. Motorcycles are toys, so getting a loan for one is much harder. There isn't really a minimum score, they look at your history as a whole. So, some people with a low score may get denied while others with the same exact score may get approved. Some factors that will greatly influence your chances of getting approved are the length of employment and residence and the debt-to-income ratio. Some banks, like Honda Financial, do have first time buyer programs that you might want to look into.

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