Chances og getting it?

on a 3700 dollar motorcycle loan at 18 at a credit union?
just throw something at me, this is the day after i turn 18 i need to apply for it.
i have a good union job

i am a member of the credit union.
this will be on the day after i turn 18 i will be applying.

is this your first time applying for credit? if so, it may difficult--are you a member of the credit union?
answers these and I will get back with you :)



I think you will have a better chance being that you are indeed a member, and credit unions DO provide car loans so I don't think it would have to be a personal loan. It's definetely worth the effort to try, but be realistic; that first credit is the hardest to get. But I think you do have a fair shot of getting the loan. My first car loan was for 3500dollars with a credit union.

As the first person allude to......

A credit union is the way to go. But tou need to do some research. A rate on a new vehicle that is secured can be great. 3700 could be below the threshold and be considered a personal loan.... which could mean up to 22% interest.

Getting the loan could be a problem. 18 with a motorcycle? Dending on what you have they may or might not grant it. It is a small amount so that will be considered in the mix.

Look at the insurance. At 18 with a motorcycle they may bend you over a log. Just check.

I would check my credit but you are going to be 18 and have none. Consider getting a credit card first and then doing this next year. Your chances for getting a loan will be better and all interest rate wise and insurance rate wise will be tremendously cheaper.