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Old 02-27-2006, 11:25 AM   #1
redrocker
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Financing

I have a friend trying to buy a bike and the dealers will not give him enough credit!!! I remember reading on her about a shop that does there own in house and for the life of me I can not remember!!! What is the shops name? Thanks in advancae!!
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Old 02-27-2006, 11:28 AM   #2
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interest is gonna be high 14% + , not worth IMO, save up the $
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Old 02-27-2006, 11:44 AM   #3
andre3k
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try eloan.com, they do bikes and if you qualify they will send you a check in the mail. You are approved for a certain amount and you write the check out at the dealer and take the bike home.
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Old 02-27-2006, 11:47 AM   #4
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I don't care about the intrest I have my bike this guy I work with wants one and he does not care either!!! I just can not recall the dealers name!!
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Old 02-27-2006, 11:49 AM   #5
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new or used?
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Old 02-27-2006, 11:56 AM   #6
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used!
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Old 02-27-2006, 12:16 PM   #7
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just went on e-loan.com.....

decent rates for people with good credit. below 10% if you have very good credit.

for example....

i have very good credit, my rate is 9.9%, if i finance $7000 for three years, i end up paying just at $225/mo x 36months= $8100

make sure your friend has his finances together....i love bike, but there's no use in up credit for a hobby


buy it cash
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Old 02-27-2006, 03:29 PM   #8
KhanMan13AK
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Try Chase Bank!!!! That is where I got my first loan with hardly any credit!!!!!
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Old 02-27-2006, 03:42 PM   #9
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You can try Ameircan General 281 999 0011, need a minimum 600 credit score. He can put it on a credit card too if he has one, or e loan.

Patrick
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Old 02-28-2006, 11:41 AM   #10
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Quote:
I don't care about the intrest I have my bike this guy I work with wants one and he does not care either!!! I just can not recall the dealers name!!
Does anyone else smell a business opportunity? Albeit a high risk opportunity.
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Old 02-28-2006, 12:05 PM   #11
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there is a place off of Shephard Rd. that does in-house on bikes. Don't recall the name of the business, though.
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Old 02-28-2006, 12:25 PM   #12
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try northcity cycle. they got me a loan through HSBC.
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Old 02-28-2006, 12:27 PM   #13
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Quote:
Originally Posted by 3D02
Does anyone else smell a business opportunity? Albeit a high risk opportunity.

Haha...I'd finance someone if I had the dough--but that contract would be well written with plenty of "able to act" on my part.
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Old 02-28-2006, 01:43 PM   #14
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Compound interest loan? :icon_bigg
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