First, how much money do you expect to spend on your Trek bike?
Is Online Financing The Answer?
Online lending has a number of advantages over trying to finance with a retailer. Here are just a few of the key benefits to consider.
Bad Credit May Not Be An Issue
If credit is a problem for you, then you probably already know that retailer financing is probably out of the question. Most retailers work with one or two lenders and they often require excellent credit to get an approval. Online lending is a bit different for a number of reasons. For starters, there are more lenders, dozens in fact. In addition, many of these lenders are used to working with bad credit and some even specialize in credit problems. What all this adds up to is easier Trek bike financing, even with bad credit.
Quick & Painless Quote Process
There is nothing worse than filling out a finance application at a retailer. Why put up with the hassle when you can get it done online in just minutes. Our loan quote form is quick and easy with most people being able to complete it in just minutes. Loan decisions are made just as fast, allowing you to get on with the process of shopping for your bike.
Get Your Loan In Cash
If you accept a loan offer, your lender will deposit cash directly into your checking account. That makes you a cash buyer, allowing you to shop any retailer that you like. Not being bound to one dealer will help you get the best deal and will help you find the exact Trek bike you are looking for.
How Easy Is It To Get An Offer?
There are obviously a lot of benefits to online lending, so let’s take a look at how to get your offer.
Fill Out A Quote Form
Head up to the top of the page and fill in the short and secure loan quote form. You will need to estimate how much you want to spend and then answer a few simple questions about yourself. When you are done, read over the terms of service and then submit your form.
Get A Fast Decision
You will get a fast answer in no time and if approved, one lender from the group will make you a loan offer. To view the offer, you will be sent to the lender website. FYG will have no information about your loan offer.
Review Your Offer
Once you arrive at the lender website, take the time to thoroughly review your offer. Make sure that you understand just how much the loan will cost you. Also, look at the payment and make sure that you can afford it. If the payment is too high for your budget, you may be better off turning down the loan.
Accept Your Money
If you decide that you like the terms of your loan, accept it and you can have money in your bank account fast. This can occur as soon as the next business day.
Buying Your Trek Bike
If you accepted a sporting goods loan offer, now it will be time to choose your bike. Make sure that you take the time to choose the Trek bike that is right for you and that you take full advantage of being a cash buyer.
Power Of Cash
As a cash buyer, you have the ability to shop any retailer that you like, so be sure to take advantage. Use this power to help you negotiate the best price. You can also consider buying your Trek bike from the used market. There are usually dozens of low mile bikes on the market and buying one could save you hundreds of dollars.
Test, Test, Test
Make sure that you try several bike models before you commit. A good dealer will generally have a few demos that you can try and you should take full advantage.
