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Taking the Edge Off of Military Motorcycle Loans
By Tim Gorman
So you have decided you want a motorcycle and you know
you need a loan. Being in the military you¡¯re probably moving
a lot and one of your main obstacles will be the accuracy of
your personal information on your credit report. If your credit
report doesn¡¯t have your current address, this puts you at a
disadvantage for military motorcycle loans. Knowing what your
credit report looks like is half of this battle, there are three
main credit report companies that the lender will access and
they are Experian, Equifax & Transunion . Your military
motorcycle loan¡¯s APR is based on your credit score, so get a
credit report and make sure it is updated with your most
current information! If it¡¯s not current this will generate a
decline on the application or a outlandish APR. Look for
anything that is incorrect in the report, like outstanding debts
that have been paid. Dispute all mistakes!!
Once you have obtained your credit report and it¡¯s up to par,
its time to hunt for your lender. Looking online is a great way
to find a lender for military motorcycle loans. Loans done
online are all completed from your own home. This means no
paper work; you will be submitting your application via the
internet. Another positive point about doing this online is you
will have more lenders to consider talking about military
motorcycle loans with. Furthermore this means wider arrays of
APR¡¯s.
After approval of your loan the lender will likely send you a
cashier¡¯s check to present your dealer or seller with upon
purchase. They also might send this directly to the dealer or
seller. Either way it¡¯s painless. As long as you¡¯re informed
about your credit score and you have the internet you should
be riding soon! About the Author Timothy Gorman is a successful webmaster and publisher of Military-Loans-Online.com. Where he provides more information on military motorcycle loans for you.
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