why have i been planning to get a loan for about 3 months now so i can get the new ride.so i get my credit report from experian and its comfortably over 700.so once i see that, im thinking well i mite as well apply now since my chanceses of approval are pritty damn high.so i walk in to the bank today and apply.they use equifax (one of the other two berous) and they dont have any credit history of me .so now that i have one more inquery on my account i have to get another report (and another inquery) so that i can call them and dispute my report so i can get it fixed (witch will also cost money to get my report).then once i get it fixed i have to decide if i want to apply for the loan again witch will be another inquery.i cant beleive this sh*t.i came across a verry good deal on an 03 600 with a full exhaust.1000 swing arm,power comander (bike makes 112 at the wheel),crome graphic sticker kit.power coated frame and some more odds and ends like smoke windscrren,ect.and i mite not be riding until fu*kin sumer now b/c i want to fix my report and not mess it up at the same time .i am so fu*kin blown rite now.cant get the bike (or a bike now) b/c there ***'s show i have no credit history witch by the otehr berou obviously aint tru.if thats the case i need to go ahead and max out my credit cards and stop payment since it wont affect me .

o and why i cant find one of my damn checks so i have to go to work for them to re issue it to me.and when i get to the bank i cant even cash my other two b/c aparently i lost my damn licens .

ahhhhh what a wonderfull day!!!!!!!!!!!! WTF

 

you can get one of the pre-paid credit cards and that will be good credit that will show right away. everytime someone runs your credit it actually goes against you...so watch how many times you do it!

 

i dont need to get any new credit to show i have some.i already have credit cards and such.i have credit history.thats the problem.and yea i know it goes against me when eva you bring it up.thats why im so upset b/c now i have to get another one just so i will be able to dispute it and so they can fix it.you have to order a credit report directly from equifax before you can talk to anyone live so you can disput it.so they know your lookin at it rite in front of you.

 

That happend to me...my credit was in the upper 600s which is pretty good...i went to get a loan at my bank to get my bike, and it was declined..Dont go through a bank, get it directly through the dealer where ur getting the new ride...

 

well i wasnt getting a new bike.i was gona get a used one so wanted to get a personal loan.and i did not go to a bank.i went to equity one.getting approved wasnt the problem.i showed the guy my report that i printed out witch shows i do i have credit history.th eproblem was that no score showed up when he ran it through a different burou.meaning it showed that i had no history of credit and he cant use the score i brought in b/c they only use equifax and mine was from experian.so now i have to file a dispute to have my file updated witch is long overdue.its not like i just gotcredit history.

 

i know what your going through.... When i went to get my bike, i had the same problem.. I have had a credit card for 2 1/2 years, and had NEVER been late and always made atleast a $100 payment. Then i got a Mac tool account (through Mac Advantage, there credit people), that was charged up to around $3500 and i paid that off in six months. So i have a credit report done, and it show's up at like 700.. so i decide to go get the bike, and the people at the yama. dealership say i've got good credit, but they can't finance it, because i haven't been in the "system" long enough..WTF? 2 1/2 years isn't long enough. anyways..

I finally got my bike (about 2 months after trying the first time) and i had to find a place that would take the bike title as collateral.

 

i had a similar problem, in 02' i went to buy a new bike at the yam,kaw,suzuki dealarship. i was going to get a 02'R6 it was like $6500, well they declined my loan. the salesman asked if i liked the 02' gsxr's so i looked at a 02' 750 it was $8400. i said i liked it too,so he tells me to fill out another application for the gixxer, so i fill it out he runs it through and comes back and tells me to pick any bike out that i want, as long as it's a suzuki. ( all of this happened in about 20 min.) yamaha place tells me that my credit is shitty, suzuki gave me a 10k dollar credit line
YAMAHA

 

if you want good credit all you have to do is save up the cash to buy ****, then basically you pay the bank, you get a friend to loan you the money on paper who works someplace that will loan money, and you have the entirety of the loan payed off immediately, or in an account only they can draw on, not complicated

 

well im not so heated today.i actually found out that not all credit agencies(like credit cards,department store cards.ect) or what not report to all three burro's.so its possible that equifax doesnt recieve any of my credit info sincs both my cards are with the same company.so there for not having me with any credit history.so im a try to call my cards and ask them if they can send my history to equifax.ill prolly just go for an 05 in a couple months.i want a new ride now but i dont want to have so many marks on my rport from damn inqeries so ill wait a month or two before i apply agin.this time i think ill just get a new bike.ealerships want to sell those bikes so even if the same problem shows up again saying i dont have history they still mite work with me.but that shouldnt happen.im even gona ask who they get their reports from before i go to the dealership.

 

This is why I use a Credit Union. Of course I have been with them for 12 years and haven't been turned down for anything in the last 9 years. Always a better APR from a credit union as well, they beat any dealer and 99% of regular banks unless a bank happens to be doing some sort of promotion at 0% or something.