Hey all,
Well Im looking to buy a bike at the end of the season (prob find a better deal, have more to put down). Im looking to buy a used GSXR 600 or something similar, and right now I have about $2000 that I can dispense. Since that is clearly short of the 5-7500 I will need (minus insurance, and gear), Im interested in taking out a line of credit. Im 20, no credit cards, no previous borrowing, what will be involved in acquiring a line of credit? What is the typical term of a LOC? Any info would be much appreciated so I have a little heads up when I go into the bank to get some more info!