ok well whos name is the lien under? like i said a cosigner spreads out the amount of debt. its just like if you have a 800 credit score but 80k in debt and make 40k a year. it wont go thru. the cosigner thing will only work if you put up collateral (i.e. COD, alamoney etc). i tried man. i was 21, moved back to fl and tried to get a bike with 0 credit and my mom as a cosignee. she has a 790 credit score and plenty of income with no debt. didnt go thru bc i had no credit. i got a credit card and used it for my typical spending and paid it off every 2 weeks. made my score shoot to a 760 in a year and a year later on the dot i bought my bike. what i was saying is dont use it and pay it off and get rid of it, or not use it and make the minimum payments that are required for a non secured credit card.

 

I have 2 revolving accounts with HSBC, both my name is the primary on the card.

i now have a fixed loan with suntrust for my new truck.

have 2 credit cards (bank of america & capital one, i got them AFTER i got approved for my bike too)

idk man, i put 0 down too, lol guess i got lucky @ 19 years old?

 

^ must be nice working for your parents! ya spoiled bi-otch!

 

Save up... build your credit... by the time you can get one... the stuff now will be cheaper & the newer bikes will be better.

 

buy everything you get anywhere on your card and pay it off in full every month, or atleast never never skip or miss a payment. in a year you will be golden, and i would say after 9 mo or so go have them run your shit like every couple months.

 

actually dont have them run your credit stuff that often anytime a place runs your credit its a mark on your score and if its run too often it can actually hurt your score becuase they think your trying to use up your credit like crazy even if u never actually purchase anything

 

Let me start off by explaining that I'm a credit expert and part of my job is teaching loan officers how credit really works. Everyone thinks they know, but 95% are clueless.

Having no credit score is not a bad thing, but you need to establish yourself before you will qualify for a luxury item (motorcycle).

Step 1: Get 1 or 2 department store credit cards. Target and sears are good places to start (go to target first). Resist the urge to apply everywhere... it's credit suicide.

Step 2: Use the cards for exactly 7 months. Charge a reasonable amount on them (within your budget) and only pay it off completely every other month. e.g.: Charge $100 in Jan, pay $25 in Feb, pay balance in Mar.

Step 3: You'll have about a 700 score, so you can buy 1 large item of your choice (Car or bike). If you want both, you'll need to buy 1, wait 7 months, then buy the other.

All of this is assuming that you have a stable job with reasonable free income and that you can prove it. Also, you'll need to make sure your credit card balances remain low (< 30% of limit) for a month or so before you apply for a bike loan.

 

brandons spewing hateraid in my eyes