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ATV loans are actually classified as “personal loans”, often called “unsecured personal loans.” These are loans that are issued to individuals based on their creditworthiness. One of the best things about personal loans is that there is no collateral involved. You don’t have to use your house, car, or any other asset to receive a personal loan.
“ATV loans” are still considered personal loans. Using a loan to finance a ATV purchase, is a much smarter idea than buying it with a credit card or financing at the dealership.
If you use a personal loan to buy a ATV (new or used), you’ll keep money money in your pocket, because personal loan APR is so low compared to credit cards and dealerships.
We spent 500+ hours searching for the best ATV loans of 2021, because not all loans are made equal. Many shady online lenders have high variable rates and lots of hidden fees. None of the lenders on this page have hidden fees, and all are highly rated and respected.
All new or used ATV purchases are eligible for a personal loan! Some of the most popular types of ATVs bought with loans include:
If you’re buying an ATV from a private party, no financing is available, and a ATV personal loan is definitely your best choice.
One of the most common misconceptions about ATV loans is that they somehow negatively effect your credit score.
This is not true. There’s no impact on your personal credit score to see if you qualify for a loan. And once you receive your loan funds, and you begin to make timely monthly repayments, your credit score can actually improve. The only way a loan can harm your credit score is if you fail to make your payments.