I want to get a used sports bike for $3000. I just opened a bank account and have a job. I am only working so that i can get this motorcycle. I want to leave for military for 4 years in a few months and just want to ride this bike until i leave and pay if off using financial plan when i join for the military. I have no co-signer and know most lenders will not give me loan without credit history. All I want is to do payment plans on this bike with everything i make at my job which is about $800 to $1000 a month. I opened a bank account. Is there any place or way to get this loan as soon as possible instead of years.
2007-02-01 10:01:47 · 6 answers · asked by PLUSMC 1 in Business & Finance ➔ Credit
well, i hate to break it to you, the only way youre going to get a loan is through a bank. just starting out, you wont be able to get a credit card with that kind of limit, they usually start you out at like, 200 bucks. your best bet would be to go to a bank, and take out a personal loan, and if they dont give it to you, then your only other option is to try to find a cosign. sorry, good luck though!!
2007-02-01 10:05:48 · answer #1 · answered by Erin P 2 · 0⤊ 0⤋
Yes you should have. But since you piled on more debt and now see that it was a mistake, your goal should be to pay off the debt with the highest interest rate quickly. Most likely that's the furniture. At $89 per month and 6.8% interest on your $8,000 motorcycle loan, at the end of 24 months you will have paid $1,017 of interest and you will still owe $6,881 in principal. At that time the interest rate may increase. To pay off the bike in 24 months you would have to make payments of $232 per month. Your school loan probably has a low interest rate. My advice is to start making as large payments as possible on the motorcycle, pay off the furniture in full when it comes due, and start saving some of your pay for emergencies. The interest you can earn on savings is much smaller than on your debts, so clearing your debts as quickly as possible is more profitable than keeping money in the bank, but you need a reserve for emergencies.
2016-05-24 03:09:41 · answer #2 · answered by Marcia 4 · 0⤊ 0⤋
Hi,
it's not always easy to find the right companies. I've done a little research and found two which are serious and trusted with no credit checks. You might check
them out and then choose one which best suits you:
http://www.usefulresources.info/online-payday-az.html
http://www.usefulresources.info/cash-advance-cj.html
For credit cards I found these ones:
http://www.usefulresources.info/credit-card-advance-cb.html
http://www.usefulresources.info/credit-card-liberty-cb.html
Hope that helps. Wish you all the best!
Mike
2007-02-05 07:07:28 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Take a look at this http://sirlook.com/4rmt9 article i found it should answer your question and also has some good information on credit cards and finding good deals etc.
2007-02-04 03:09:30 · answer #4 · answered by gooner1212 3 · 0⤊ 0⤋
personal loan for your needs visit http://www.freewebs.com/***********
2007-02-01 22:11:56 · answer #5 · answered by Anonymous · 0⤊ 0⤋
here is the place www.wesayes.com
2007-02-01 10:11:59 · answer #6 · answered by knowitall 1 · 0⤊ 1⤋