Can I get a motorcycle loan with bad credit?

If you have bad credit but have always wanted a motorcycle loan, you might be wondering if it is possible to have an application approved. Some specialist lenders offer bad credit loans, which are designed to help those with bad credit get a loan. This means that owning a motorcycle with bad credit might be possible after all. Depending on your lender, you might be able to have your motorcycle loan approved in no time

Read on below to find out more about bad credit and motorcycle loans.

Can I get a motorcycle loan with bad credit?

If you’re wanting to use a loan to purchase a motorcycle, but your credit isn’t too great, it’s still possible to get your loan application approved. Some lenders offer something called a bad credit loan, which is designed for people who may have found repayments difficult to keep up with, or who have not had the financial experience to have a high credit score. Generally, anyone who has any type of bad credit can apply for a bad credit loan.

Bad credit loans are different from traditional loans in that they are targeted to help those who have experienced any kind of bad credit. Those who have experienced a bad credit score or history may find a bad credit loan helpful when looking to purchase a motorcycle.

You might find that private lenders are more likely to offer bad credit loans compared to traditional lenders, such as banks. There are many advantages to using a private lender for a bad credit loan, such as faster processing times, easier approval and fewer application requirements, to mention a few.

Will a private lender offer me a bad credit loan?

It can be difficult to gain approval for a motorcycle loan with bad credit. Traditional lenders can be hesitant to take a chance on you, and may even reject your application solely based on your credit score.

However, not all lenders feel this way. Some specialist lenders are experts in giving people with bad credit a second chance. These types of bad credit motorcycle loans can make it easier for you to get that motorcycle that you’ve been wanting, without having to wait.

Depending on your specialist lender, a bad credit loan could be an option. It might be best to check with your lender for this option during the application process. When applying for a bad credit loan, your lender may wish to see forms of identification, proof of income, and details of your debts.

Where does Tiger Finance come in?

If you’re looking for a motorcycle loan, we can help you regardless of your credit score. We have helped countless Australians with both good and bad credit ratings to be funded for their dream motorcycle. Other lenders can make it too difficult to get approved with less than perfect credit, but not us.

With Tiger Finance, we can help to get you a loan in four easy steps. You will have a free consultation with one of our specialists, and we will tailor-make you a loan. We will negotiate with lenders on your behalf before you are approved. You won’t find an easier way to get approved for a bad credit motorcycle loan.

How we can help

Tiger Finance is here to help you to get your dream motorcycle regardless of your credit score. We can make the process simple and pain-free. Our application process is simple and easy, and we can have you approved on the same day that you apply if you’re able to meet our criteria. Our loan specialists are here to support you every step of the way.

If you’re ready to drive away in your new motorcycle, call us today for your free initial consultation.