I helped an ex get a motorcycle and now need him to repay me. He needs to take out a loan and repay me or buy the bike from me. His credit is horrible but there has to be places that will still give you a loan. Please help me with advice!
5 Comments Already
April 14th, 2010 @3:11 am
Work with the dealer who is selling the bike. They usually can hook you up with a way of securing a loan for a bike. Sometimes even with bad credit.
April 14th, 2010 @3:17 am
Who on earth is going to lend money for that? Why don’t you suggest he sell it? Motorcycles are not only a loud nuisance, they are usually just a fashion statement rather than a means of transportation. An impractical and expensive luxury item.
April 14th, 2010 @3:28 am
All I can say is, if you own the motorcycle, take it back. If he does, tell him to get a title loan. He can make payments but depends on what he still owes you.
April 14th, 2010 @3:41 am
Most loan companies and bank’s won’t loan money for an item that is considered a luxury item. A car you can usually get with bad credit because it gets you to work. Motorcycles, Atv’s, etc are basically considered man toy’s. And yes you can drive a motorcycle to work, but most people don’t consider this their primary transportation.
How about Gary Coleman with check in cash?