I'm sorry to be the wet blanket here, but that 85% is a deal killer. It needs to be 100%. If it's not 100% then you don't pay your bills on time.

Period.

It's gonna hurt you. Sorry.

 

Yep, finance will want the OP to have more "skin in the game" to show he intends to make payments.
His $1000 down will make the loan upside down and he won't suffer a loss if the bike gets repo'd.
85% on time on credit card payments is a big red flag of lacking responsibility.
And if the OP has to ask a forum if can qualify for a loan, he probably can't.

 

You can buy used Sportsters all day long for $3k to $4k money.

 

Update/correction
I just checked my credit report and it has changed over the past several months, my ontime payments is 91% (scratch the 85%) and credit score is 645 as of today.
Yes I have one missed payment on a credit card that overlapped 30 days late that occurred a year ago which has been paid off and that's the only payment that was missed.
Not everyone will have 100% on time payments, but yes it was a mistake on my part, doesn't make me irresponsible.
Isn't this what forums are for? Advice..?
Many people say you don't even need a downpayment through H.D but I would rather put 10% down on a bike costing $8,949 then not putting anything down at all. I was simply seeing if someone like me trying to get on two wheels has experienced H.D financial and how strict they are. As far as this whole thing has been going many people say I have a good chance of being approved so I'm going to pull the trigger. Thank you all for commenting back with advice

 

The other bikes you've been turned down for, have huge depreciation factors. The vehicle is the collateral. If the bank loans $5000 on a vehicle and it's worth $3500 as soon as you leave the dealer lot, the bank has a much larger risk of losing money. A bike with less depreciation value will get a larger loan amount. I'm guessing Harley will finance you at 18-25% interest. I'm going to sound like an old dude, but fix your credit and save the money you we going to make that payment with. By the time your score is up, you might have half or more to put down on the bike. Think for tomorrow as well as for today. You might want to buy a house in the future. You need a good credit score and low income to debt ratio to do that. Good luck.

 

They will approve you no problem. Your score is good and you have money down. There is no reason they wouldn't. I've often been shocked in the past when I got approved when I first started out, at a score far less than yours.

 

take the msf, get your endorsement, and try riding one first. contrary to what 'everyone' is saying, the sportster is not a 'great beginner bike'. while many people have used them as such, there are better choices out there. with that $1000 that you have on hand now, you could get into a decent metric to get your feet wet with.

also, stage 1 is not bumping the cc to 1200. stage 1 is the exhaust/ac/tuner combo.

 

They approved me a few months ago even though 20 years ago I bought one through them and never made a payment on it and they never got the bike back. So you shouldn't have a problem.

 

I laughed when the dealer told me what I was approved for in 2012. That explained why so many people were in trouble and had bikes they didn't use. I wanted 5K to buy a new RKC and they offered 20K, I borrowed 8k and paid it off in 5 months. Never make 2 payments a month, make 1 big one.

 

if one gets paid on a cycle where he can't make one big one, it really won't make much difference if he makes two. the loans are simple interest loans and interest is computed daily on the outstanding balance.