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TalkofDC · 07-10-2008, 08:52 PM

LA....not at all. I am getting a loan and paying full coverage. Initially in Jan, I tried to go the unsecured loan to beat full coverage route.

See my debt to income ratio is good to go...however my debt to credit ratio on INSTALLMENT loans is high. I mean frankly, I would be trying to finance a bike while I already am paying a car note and repaying student loans. Is that some impossible feat to accomplish? Surely there are some who have way more debt than I have and financed a bike?

The MAX amount I want to get is $5K just in case, but honestly I want to spend around $3500 for the bike. I could save up, but I know how life works...save for the bike and something else comes up and you spend a little prolonging the purchase of the bike b/c you have to save longer.

07-10-2008, 08:52 PM	#5 (permalink)
TalkofDC Just Kiss The Tip Join Date: Nov 2006 Location: Northern Virginia Age: 26 Posts: 2,708 Casino Cash: $20369 Sportbike: 1999 YZF-R6(sold); 2005 SV650S	LA....not at all. I am getting a loan and paying full coverage. Initially in Jan, I tried to go the unsecured loan to beat full coverage route. See my debt to income ratio is good to go...however my debt to credit ratio on INSTALLMENT loans is high. I mean frankly, I would be trying to finance a bike while I already am paying a car note and repaying student loans. Is that some impossible feat to accomplish? Surely there are some who have way more debt than I have and financed a bike? The MAX amount I want to get is $5K just in case, but honestly I want to spend around $3500 for the bike. I could save up, but I know how life works...save for the bike and something else comes up and you spend a little prolonging the purchase of the bike b/c you have to save longer. __________________ "What do you value more? Life or Image?"