Yep well I went for my loan yesterday, they called me back and I was denied due to having no credit.

Had high hopes he said I was probablly going to get the loan for her, and then he calls me and tells me I was denied... Damn Life blows right about now

Well it happens right....

 

Just save up some money and buy a used bike. They are $1000 cheaper then a stealerships prices (if that is what you were pulling the loan out for). I personally would NEVER buy a brand new bike due to the stupid costs involved.

What are you looking at and how $$$?

 

If you got turned down due to lack of credit, I am assuming you are pretty young. Having said that it would be a better bet that you will be paying out your a$$ for ins. Have you checked out that angle yet.

 

my man Draconius is right about the used bike. Start with a cheap bike or save up some money and buy something decent.
As for credit issue, I strongly recommend opening up a savings/checking account with a good bank, not some local crap. Two, get an American Express; co-sign it if you have to, but dont make minimum payments. PAY EVERYTHING IN FULL. You'll build up nice credit in half of year, a year max. good luck.

 

Get a secured credit card, one that reports to the credit bereau(however you spell it) neways one that reports every month that you made the payment on time...it will definetly help your credit...and like alekinci said...don't make minimum payments, buy somthing pay it off that month keep doing that for a few months and you will be able to buy whatever you want...

 

You can always try gettinga bank loan.....or establish credit....

 

i would establish credit before u try to take stuff out on ur credit trust me having good credit will make everything alot easier in the long run, i would save some money and like alekinci said pay everything in full for a while and ur credit will start building

 

i may be wrong but several bankers/ loan officers have told me that paying in full is not the best way to get great credit rather kept a balance on the credit card and pay about 30% a month. and saving/checkin accounts will not help your credit enough to matter, but if you overdraw it will hurt you. just my .02 cents

 

I went to my bank and tryed to get a loan and they said no

get this I found a CBR 600 F4I 2000 for ........drum roll.................2400$ its nevr been wrecked I checked it out but i dont have the money....

 

yea man buy some cheap ****, just save up im in college too, its worth it