Auto loan for a motorcycle (gas is expensive)

| Listing Information | |||
|---|---|---|---|
| Amount: | $5,000.00 | Status: | Withdrawn |
| Grade: | B | DTI: | 18% |
| Lender Rate: | 9% | Borrower: | dotnetgeek |
| Finished | State: | AL | |
| Funded: | 0% | Group: | (No Group) |
|
Gas is at a record high - this is not news. The fact that my pickup only gets 18mpg might be but I'm sure many of you are in a similar spot. I wish to remedy the situation by purchasing a motorcycle. A Yamaha V-Star Custom to be precise. It looks sharp and gets 60mpg. I have a 20 mile round trip commute to work and its costing me $4/day. I can get a bike and drop that cost to about .80/day. Plus motorcycles are fun! Yes - i want one also but the gas price situation has propelled my want into a need. I've wanted one for many years but I'm only pulling the trigger now to cut down on my gas use. I will repay this loan the same way I repay all my debts. I have sufficient financial resources to handle this additional debt. My current credit problem is due to a house sale that went bad. My family moved from Omaha, Ne and my house was on the market for about 9 months. We were juggling 2 houses for too long and it sunk my credit. I did not and would not consider bankruptcy - I pay my debts and our credit situation is turning around but this takes time. Thanks for your consideration. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 51327 | Auto loan for my son | B | $3,100 @ 11% | Oct 21, 2006 | Loan created |
| 330007 | Loan for a motorcycle (gas is expensive) | B | $5,100 @ 12% | May 10, 2008 | Expired |
| 377211 | Need a new roof on my house | B | $4,000 @ 14% | Aug 03, 2008 | Loan created |
|
Discussion For This Listing
|
||
|---|---|---|
|
No Comments Found For This Listing
|


