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Where to Re-Finance Bike?

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Old Sep 4, 2007 | 01:15 PM
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Default Where to Re-Finance Bike?

Well my original lender is trying to screw me big time so im looking to re-finance my bike. My bank wont do it so does anyone know of a place or bank that specializes in re-financing bikes or just does it on a regular occasion? I have really good credit so thats not an issue. Any help is greatly appreciated, i really dont want to get rid of my bike. Thanks in advance
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Old Sep 4, 2007 | 01:22 PM
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Maybe you should transfer the balance on a 0 interest card. There isnt alot of banks that will refi bike loans. Maybe try a local credit union. I know Achevia offers good rates on bikes.
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Old Sep 4, 2007 | 01:40 PM
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credit card or personal loan
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Old Sep 4, 2007 | 02:00 PM
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Originally Posted by LS1ETR
credit card or personal loan
+1. Capital one will refi a bike... Their rates are usually 8-11% depending on credit, loan amount, and if you own a house (collateral).
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Old Sep 4, 2007 | 03:26 PM
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give American General Finance a try...they rape ya on the rate, but what the hell....
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Old Sep 4, 2007 | 04:45 PM
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Macdill federal credit union does bike loans , and their rates are similar to capitol one..
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Old Sep 4, 2007 | 05:12 PM
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Macdill is my current bank and they wont refinance due to the amount. I think i may have a solution. Thank god my dad is a cool motherfucker....just have to come up with some extra cash to pay off the difference.
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Old Sep 4, 2007 | 05:37 PM
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Originally Posted by CiviSmkr89
Macdill federal credit union does bike loans , and their rates are similar to capitol one..
They require insurance.
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Old Sep 4, 2007 | 07:08 PM
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20% Down on a used bike is their policy. Sounds like thats the issue your having. They only loan up to 85% of the value.
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Old Sep 4, 2007 | 09:43 PM
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I also have Macdill loan...
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