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First, you should determine if you can qualify for a credit card. If you have good (680+) credit and make more than $12,000 per year, you should be approved for a credit card. While credit limits are based on income, most standard credit cards will start someone in the $1,000 to $2,000 range.

However, the interest rate may not be what you want.

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IN this case, a bank could provide you with a personal loan. You would go through the application process and help them understand why you want the loan and why you would be a good credit risk, and, given a good credit score, they will give you the cash.

A personal loan will likely have a lower APR than a credit card.

Once you have the credit card or the cash from a personal loan, go buy the bike (and don't forget to negotiate).

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14y ago

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