Financing
Financing your ride:
Financing is a popular option for riders today. We work with several lenders that offer loans for Bad Credit riders as well. A bad credit score does not have to prevent you from obtaining a loan. Our Lenders look at your history and make sense of your situation . Bad things can happen, they understand.
It is important that you know your credit score. Your FICO is a combined score that you can get for free once a year from this source:
https://www.freecreditscore.com/
Read for: Credit Score ABOVE 550 FICO
This is the process for good credit applicants.
Bikes 2011 and newer need to have a credit score of 550 FICO or high.
2010 and below need to have 630 FICO or more.
If your credit score is above 730 you will most likely not have to give any proof of income.
Use this link for a quick online application with instant approval:
https://www.octanelending.com/consumer_form/9336
Read for: Credit Score BELOW 550 FICO
550 Credit is not the best credit, you know that and so do our lenders. A bad decision though does not have to prevent you from riding your next motorcycle.
Our Lenders look at your history and make sense of your situation . Bad things can happen, they understand.
As such every (!) application will get approved with these minimum standards:
- minimum $2,000/mo income with 2 year employment verification
- Full coverage insurance with max $500 deductible
- US Citizen or legal Alien Resident (Greencard)
- No Repossessions in past 2 years
Print and fill out the PDF file below and email back to us.
We have had good experience with the following websites: for Personal Loans
https://www.sofi.com/share/2842188/ is a great website to get a personal loan that can be used for anything down the road. Good interest rates as well.With the link above you get $300 sign-up bonus!
www.lendingtree.com and go to the "Personal Loans" then choose "Auto Loans"
Lending Tree searches for the best option tailored to you and puts you in touch with the right bank.