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post #1 of 4 (permalink) Old 10-01-2005, 11:41 AM Thread Starter
 
Join Date: Feb 2005
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some advice needed...

just wondering if anyone has ever taken a loan out with lendingtree.com? They have a personal loan and they also have a auto/motorcycle loan option. I was told that taking a personal loan out with them means you wouldnt have to carry full coverage on a bike. I was wondering if the same is true if you try and take a auto/motorcycle loan out with them? Just wondering which loan would be best to try and get? I am looking at taking a $6000 loan out with them for a decent used bike to learn on..thanks!
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post #2 of 4 (permalink) Old 10-01-2005, 12:21 PM
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Re: some advice needed...

Quote:
Originally posted by bighunterjt
...I was told that taking a personal loan out with them means you wouldnt have to carry full coverage on a bike. I was wondering if the same is true if you try and take a auto/motorcycle loan out with them?...
Mate, if you need to take out a loan for $6000, you obviously can't afford to lose that much money.

Ergo, you need full coverage insurance. Period.




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post #3 of 4 (permalink) Old 10-01-2005, 02:13 PM
 
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and if you are getting a bike to learn on you certainly don't need $6000! Your first bike will be crashed shortly (I know... it will) and you don't want to owe 6 g's to lendingtree since you decided to didn't need that collision insurance on your first bike. Get insurance, get a cheaper bike.


edit: and I am a hypocrit!
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post #4 of 4 (permalink) Old 10-02-2005, 05:17 AM
 
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you wrecked your 2006?! man that sux.
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