Bad Credit Motorbike Finance

Motorbike on Finance with bad credit history

With our bad credit motorbike finance, who says your credit history need haunt you when you’re after the bike of your dreams? You might have bad credit because you’ve missed a few payments on household bills, or fell behind on a finance agreement in the past. Maybe you have a past of bankruptcy and are looking for a solution to rebuild your file and get back on track?

First Response Finance specialise in car and motorbike finance solutions for customers who have a typically below average or poor credit score, which could have resulted in being declined from other finance companies on the market. Having given over 200,000 customers vehicle finance over the last 20 years, we try our best to get to know your application on a personal level – minimising the difficulties and stress you may have already experienced whilst trying to get a vehicle on finance previously.

No matter your circumstances, we will carry out realistic affordability checks to ensure the finance agreement we offer is reasonable and affordable for you to repay across an agreed term. Please note; some customers are automatically refused.

Representative 29.9% APR

There are a number of reasons that you may have previously been classed as having ‘bad credit’, these can vary in a range of circumstances, but here’s an idea:

  • Have never taken out a loan before or always paid in cash, meaning you have no credit history
  • Shared credit with another person who had/has credit issues, and now your file is associated
  • Making some bad financial decisions, such as taking out large credit agreements and being overwhelmed with repayments you cannot pay
  • A build-up of missed payments. which led to your account defaulting or then escalating to CCJ’s

Being in the dark about your credit and how it may affect your ability to get any kind of finance can be a difficult situation to find yourself in. It can be hard for lenders to trust you as your credit history only displays how you have handled the last 6 years of you finances, despite knowing yourself you're in a better financial position now to keep repayments up.

When it comes to our bad credit motorbike loans, rest assured knowing we deal with each application individually. In addition to your credit file we consider the personal circumstances which may have lead to any previous credit issues, and aim to discuss your application with you over the phone if we feel we need to - we want to say ‘Yes’. If you want to learn more on how you can build and maintain a healthy credit score and the financial benefits that comes with doing so - take a look at our blog on improving your credit file.

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The Choice is Yours 

We finance a wide range of motorbikes, ranging from a Honda PCX125 to a Suzuki GSX-R1000. Our financed motorbikes have provided our customers with the flexible option to choose from sought after brands including; Yamaha, Triumph, Kawasaki and Harley Davidson to mention just a few! Whether you want a quick and easy commute to work, or are looking for the ride of your life, our dealers have a motorbike ready for you to finance.

Our ability to finance a wide selection of bikes is why we pride ourselves on getting you on the perfect bike, however with so much choice it's important you understand the restrictions your own license may have regarding the speed, weight, and power of the motorbike you're looking to finance. As part of our application process we will require your motorbike licence, which may slow down or mean we decline your application if the bike you want isn't supported by the licence you currently hold. To get a clear idea of how to get the licence you need, or to clarify which bike you are allowed to ride and finance with us, click the button below.

Government Motorbike Requirements

If you do have any questions regarding the sort of bike you have in mind for finance or how we could help you out then contact us, and we'll be happy to help! Alternatively pop your details into our fantastic bad credit bike loan calculator where you can input an indication of you credit rating, desired loan amount and length of the repayment you wish, in order to get an instant monthly quote and the approximate APR your finance agreement will have too.

Calculate a Loan

Hire Purchase Pros & Cons

  • Simple to arrange
  • Fixed monthly payments
  • Fixed interest rates
  • Flexible term lengths 18-61 months
  • Vehicle belongs to you after final payment
  • Deposits not required
  • No annual mileage restrictions
  • Protected by the Consumer Rights Act 2015
  • The vehicle is at risk of repossession if you do not keep up repayments
  • You do not own the vehicle until your final payment
  • Hire Purchase is not suitable if you plan on paying off your loan within 6 months
  • Commitment to pay each month regardless of personal financial changes
  • Loans are subject to status and not guaranteed

Learn more about our Hire Purchase Motorbike loan or view the full detailed process of our Motorbike loan application.

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If you have any questions regarding loan products, debt or budgeting you can source independent advice from either of the below sites.

Money Advice Service

Citizen Advice Bureau

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