2007-09-23 18:15:12 · 11 answers · asked by Anonymous in Cars & Transportation ➔ Motorcycles
Stuart and Crazyoverhee the three major credit bureaus are Equifax, Experian and TransUnion.
2007-09-24 05:17:42 · update #1
Please do not answer unless you absolutely know for sure and you got a bike from them.
Thank you EVERYONE though for your answers!
2007-09-24 05:19:17 · update #2
They pull three - TransUnion, Experian, and TRW.
All three reports should be essentially the same - if the initial report looks stellar, they sometimes don't bother pulling the other two.
2007-09-23 18:18:37 · answer #1 · answered by Stuart 7 · 2⤊ 0⤋
I was told many years ago that buying a motorcycle with bad credit was much more difficult than buying a car or house with bad credit. In order to make such a purchase you are probably going to have to fork over a substantial down payment in order to get any financing. I know HD credit often requires 10% down unless you have stellar credit. Your best bet is to start saving while you decide what kind of bike you want to buy. Also, shop around lending institutions. You may find one place tells you "No way!" but another place is willing to work with you. Just make sure you don't get pegged with a huge interest rate.
2016-05-17 07:59:41 · answer #2 · answered by ? 3 · 0⤊ 0⤋
they file for 3 reports for your credit check:
*Experian
*TRW
*Trans Union
and they check all 3 to make sure all aspects have been covered. and unless harley has a great "rates promotion" i would go to the bank first and see what the current rate is to finance a bike.
2007-09-23 19:42:26 · answer #3 · answered by crazyoverhee 3 · 1⤊ 0⤋
Gotta agree with wayward on this one. When I bought my Sporty, I went thru HD-Credit, due to my complete lack of credit history at that point. About two years later, I paid it off in full when I checked with my bank as to what they would charge as an interest rate if I refinanced. Harley was taking 11.5%, and my bank offered 6.25%. Don't finance thru harley unless you really have no other option!
2007-09-25 08:58:24 · answer #4 · answered by ? 3 · 1⤊ 0⤋
I'm not sure which bureau they use but the interest rate at a bank is usually a lot better than though Harley themselves.
2007-09-23 18:20:39 · answer #5 · answered by the_wayward1 4 · 1⤊ 0⤋
gary k, what makes you say that? a harley is the smartest move in buying bikes new or used as they depreciate the slowest of any other brand.... that jap crap tries so hard to be like a harley and cant, and it shows in their values once they are used
it takes a harley 10+ years to depreciate 50%, it takes jap crap 3 years to do that.... what did you base your comment on?
2007-09-24 11:38:52 · answer #6 · answered by f*ck yahoo, i'm doing google 4 · 1⤊ 0⤋
That is up to the bank. Use a local bank for the loan. Credit unions are great too if you can find one.
2007-09-25 11:24:57 · answer #7 · answered by John himself 6 · 0⤊ 0⤋
I only know two: Experian, and TRW. If u want to know more, I advise u ro on a site named bikerkiss. U will get want u want there.
2007-09-25 03:06:22 · answer #8 · answered by Tomas F 3 · 1⤊ 0⤋
That's right
2016-07-30 03:46:34 · answer #9 · answered by ? 4 · 0⤊ 0⤋
Whenever i submit a question, even if its the simplest one, they cant give me a good informed answer on this website. What happened to people that really take the time to write an answer??
2016-08-24 17:14:52 · answer #10 · answered by Anonymous · 0⤊ 0⤋