Seriously... you might want to explore other options. Take a trip to the bank or work your way into a credit union for a few months and then refinance. You're getting taken to the cleaners with a rate like that.svStunting said:I just bought my SV for about 15% interest... ouch.
I may be incorrect but I believe federal limit is 21%, so 24% would be impossible.Currently said:Read the fine print very carefully and I think you will find that if you are ever
late for one payment, the interest rate will go up to 24%
My money was tied up so I wanted to use the Suzuki card, after reading the fine print, I said screw it,
took out a loan and I am paying it in full at the end of the month.
Bikes are luxuries, borrowing for a luxury in todays economy is dangerous and leaves you behind the eight ball.
1. Credit Unions
3. Insurance companies ... some here have reported they financed thru State Farm.
Credit cards are very dangerous to your financial health if not used properly.
I know, been there ... done that!
yo thats high as hell!!! lol if your still in school, get a school loan!!! Defer it till your out of school ;-) Thats how I funded my SV. But go find a credit union join it, and get a loan to pay off that high interest loan of yours...thats really bad...I don't have a single credit card with anything higher then 11% apr.svStunting said:I just bought my SV for about 15% interest... ouch.
4.9% on personal loan for my SV...best option for financing if its available. No liens on title too. Handy dandy.kevinb120 said:Personal loans on bikes are very difficult to get and the interest always sucks. The Credit Unions are usually the best place to get an actual loan on them.