It’s an unfortunate truth, but people with a bad credit history often experience trouble finding motorbike finance. You may have felt this first hand by applying for motorcycle finance only to be rejected. It’s frustrating, especially if you need a pair of wheels for getting around or for your job. It seems like every road has a big obstacle in the way.
If the banks and lenders tell you no, Savvy can assist you with being approved. 9 out of 10 bad credit motorbike loan applicants get approval with Savvy. The financial professional team at Savvy make contact with over 25 lenders, many of which specialise in bad credit motorbike finance. At Savvy, we don’t let bad credit get in the way of a good bike loan.Though bad credit loans usually come with higher interest rate, that doesn’t mean you’re barred from finding a good motorcycle finance deal. Bad credit isn’t a burden you’ll live with forever. In many cases, if your financial situation has improved significantly, you can move into the “correctible” credit category. A bad credit motorbike loan can help you do that if you repay your loan on schedule and never miss a payment.