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MX, SX & Off-Road Discussions
General Moto | Off-Topic Posts
loan for a bike
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[QUOTE="LaRider20, post: 691421, member: 15940"] At my bank I have $3500.00 in overdraft protection. When my 15 year old wanted to buy his first (used) bike he had $1300.00 cash but the bike he wanted was $4300.00. What I did was write a check on my overdraft account for $3000.00 to cover the rest of the bike. He pays back my account $100.00 a month at 6% interest. The bank treats this just like a low interest loan and it doesn't affect my credit in any way. It worked for us and might be an option for you. Good Luck, LaRider20 [/QUOTE]
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MX, SX & Off-Road Discussions
General Moto | Off-Topic Posts
loan for a bike
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