jpizzle asked:
I had perfect credit up to a year ago, when personal issues required me to file bankruptcy. That was in January of 2007. The bankruptcy has now been discharged. Anyways, I am looking at a Yamaha YZF-R6S. I have more then enough to pay for insurance and the monthly payments, but there is no way that I will be able to get financed by the dealer. Can anybody tell me any places that I can go that may work with my credit score of 579? Also, if anybody else has any other bikes 600cc and up that they would recommend, I would appreciate it. Thanks!
What Causes Bad Breath
I had perfect credit up to a year ago, when personal issues required me to file bankruptcy. That was in January of 2007. The bankruptcy has now been discharged. Anyways, I am looking at a Yamaha YZF-R6S. I have more then enough to pay for insurance and the monthly payments, but there is no way that I will be able to get financed by the dealer. Can anybody tell me any places that I can go that may work with my credit score of 579? Also, if anybody else has any other bikes 600cc and up that they would recommend, I would appreciate it. Thanks!
What Causes Bad Breath
Help for wage garnishment issues
big down payments can often offset credit hurdles
some used only lots are like that fyi
Online Yoga for Everyone
you are in trouble my bro just tried financing a bike and he’s having to wait until 1 year is up from the dicharge date (dischared 12/07 has to wait until 12/07) the only other way is go to a bank and maybe put around 25% down and then on top of every thing there is the credit problems in general right now (mostly morgages) that are making the lenders nervous about people with 620 or less credit scores also just a note you can get your credit score up by contesting everything on your credit report 2x’s its alot of paperwork and time but he jumped his from 521 to 635 in less than 6 mos good luck
Pilates Machines
You filed bankruptcy, and now you want a magic bank to finance you with poor credit? It’s not gonna happen. You FILED BANKRUPTCY, and it stays on your credit report for 7 years even if it was discharged. Banks don’t care what your problem was, all they see is the bankruptcy, and they don’t owe you squat.
You might try a credit union, but you’ll have to open an account with them first before they’ll grant you financing. they have FAR better rates than a dealer anyway, but YOU will probably be staring down the barrel of a 14% finance rate (at best) regardless.
Lesson learned: don’t file bankruptcy and expect everything to be OK afterwards. It tells people that you can’t handle money properly.