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Motorcycle Loans

A motorcycle loan is a form of consumer credit used to purchase a motorcycle. Typically the interest rate charged on a loan for a motorcycle is based on the credit applicant’s past credit history and debt-to-income ratio. Loans associated with motorcycles are normally harder to get approved for than an automotive loan and have a bit less favorable terms and interest rates than a standard automotive loan.

Motorcycle loans became popular in the early 1980s as the rising price of motorcycles forced consumers to begin financing the purchase of a motorcycle, and large lenders began providing motorcycle dealers with easier sources for loans. Fixed-rate installment loans were the main type of loan offered by motorcycle lenders; however, as lenders and manufacturers got more creative in the 1990s, private label credit card loans became popular. Today, motorcycle loans are easily available through a variety of sources including dealers, national and local banks, credit unions and motorcycle manufacturers.


Motorcycle Loan Articles

Before Visiting a Motorcycle Dealership

What Happens When You Apply For Motorcycle Financing

Take control of the financing before you take control of the wheel

Vehicle Repossession


 
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Center For Debt Management

Center For Debt Management

The Center For Debt Management

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Debt Management and Financial Services! The Internet's oldest and most comprehensive debt management agency! Resources for debt management, consumer credit counseling, debt consolidation loans, debt settlements, legal aid, financial aid, credit and financing, credit reports, budget software, insurance, income resources, tax assistance and more. Get out of Debt! Call Now — 1800DEBT.COM

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