harley loans
Extreme HDF Member
Joined: Dec 2007
Posts: 13,402
Likes: 941
From: Illinois
I would say don't do it. If he can make the payments then he should just save that amount each month until he has the cash.
Jobs will still decline over the next year.
If he works on his credit rating and saves some money the bike will be less expensive buy not having to pay the price of the bike and all the interest.
Jobs will still decline over the next year.
If he works on his credit rating and saves some money the bike will be less expensive buy not having to pay the price of the bike and all the interest.
Tourer
Joined: Jun 2009
Posts: 432
Likes: 5
From: Tennessee
NO way, no how for any reputable financial institution to do a credit to a person with a 525 score.
That is abysmal and even with "explanations" it will be turned down...especially in todays environment when financial arms are taking big losses on people with better credit than a 525.
I have been in the business for over 30 years so I have a reasonable potential to be correct in the above opinion.
But to each his own.
R. Todd
That is abysmal and even with "explanations" it will be turned down...especially in todays environment when financial arms are taking big losses on people with better credit than a 525.
I have been in the business for over 30 years so I have a reasonable potential to be correct in the above opinion.
But to each his own.
R. Todd
Road Master
Joined: Feb 2008
Posts: 1,069
Likes: 6
From: Greensboro, NC
Probably not. Two years ago with 10% cash down they may would have as they were very liberal and of course that is all the financing arm, Eagle Bank does is finance HD's and Buell's. But today in the current condition of HD and Eagle probably not.
Road Master
Joined: May 2008
Posts: 1,223
Likes: 1
From: Birmingham, AL
He'll probably get it but tell him to bend over an' grease up first, the interest rate is gonna be high.
Some good ideas here- work on the credit score while socking money away for a good down payment.
Then go to a credit union not Harley Credit.
Some good ideas here- work on the credit score while socking money away for a good down payment.
Then go to a credit union not Harley Credit.
Seasoned HDF Member
Joined: May 2005
Posts: 10,232
Likes: 9,325
From: Georgia
I would say don't do it. If he can make the payments then he should just save that amount each month until he has the cash.
Jobs will still decline over the next year.
If he works on his credit rating and saves some money the bike will be less expensive buy not having to pay the price of the bike and all the interest.
Jobs will still decline over the next year.
If he works on his credit rating and saves some money the bike will be less expensive buy not having to pay the price of the bike and all the interest.
Road Master
Joined: Aug 2009
Posts: 868
Likes: 4
From: Warwick, RI
As mentioned, with enough of a down payment they would finance, but at an astronomically high interest rate.
Assuming his debt to income ratio is good.
Assuming his debt to income ratio is good.
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Road Captain
Joined: Jun 2008
Posts: 543
Likes: 1
From: Lowell, NC
Only one way to find out really..... go to a dealer. Once approved its good for like 90 days at any dealer. Just tell them and they call eagle and get it.
Above a poster said 3 mos after a foreclosure he got 1. I would think your score would be pretty low,, like 400's? Maybe even lower?
But your FICA is really only part of the puzzle.
Above a poster said 3 mos after a foreclosure he got 1. I would think your score would be pretty low,, like 400's? Maybe even lower?
But your FICA is really only part of the puzzle.
Tourer
Joined: Nov 2009
Posts: 315
Likes: 3
From: New Smyrna Beach, Fl.
Have him go to a bank and see if he can get a pre-approval for a loan... This will do 2 things.
1. It will let him know weather or not he will be approved.
2. If he gets approved, he will have a choice of what loan he wants to use. The bank may give him a better rate than Harley.
1. It will let him know weather or not he will be approved.
2. If he gets approved, he will have a choice of what loan he wants to use. The bank may give him a better rate than Harley.
I agree!!! I got my loan thru a credit union at 6% fixed (GTE)only 5 more payments
