When you are looking for a specialised loan such as a motorcycle loan, which although similar to an automobile/car loan, differs from the latter in terms of the loan amount and interest rates, always ensure that you know whether rates are fixed or variable, and if there are penalties with paying off the loan early. If you have a bad credit history, then it is advisable to opt for a poor Credit Motorcycle Loan. However like any other loan, make sure you meet some basic requirements, and will be able to comfortably repay the amount in instalments.