Loanstoday can get you great rates on Road and Off Road as well as ATV models.
Some lenders have restrictions on the age and/or value of bikes that can be financed with a bike loan and they are often available only for newer used or new bikes.
Those who don't qualify for a bike loan may be able to use an unsecured personal loan, though this carries a slightly higher interest rate. Loanstoday can help you organise a secured or unsecured personal loan quickly getting that bike sooner!
Interest Rate
Personal loans are each assessed individually and given a credit score that determines the rate.
Repayment
Loan repayments are usually split accross the life (term) of the loan. You can choose a loan term between 3 and 7 years. To reduce how much you pay in interest it is recommended you choose a shorter loan term.
Securities
We have both Secured and Un-secured loans. Secured loans generally have lower rates and are secured against an unincumbered vehicle.
Other Conditions
Borrower has to be an Australian Citizen with a regular income.
ASIC (NCCP) requirements will be applied such as serviceability calculations and verification of income and assets.