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  #21  
Old 01-13-2010, 11:23 AM
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with a score in the low 500's I doubt he can get any loan today. If he can get a loan he will pay so much in interest its crazy. Also if gets a loan it will lower he score even more. Not a good idea if he is disputing credit info
 
  #22  
Old 01-13-2010, 12:33 PM
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Originally Posted by lh4x4
I would say don't do it. If he can make the payments then he should just save that amount each month until he has the cash.

Jobs will still decline over the next year.

If he works on his credit rating and saves some money the bike will be less expensive buy not having to pay the price of the bike and all the interest.
What a novel idea!
 
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