<prompt> Human: Im looking at getting a motorcycle.Cost: 9000Interest Rate: 10.995 Year Term---tIve never taken out a line of credit so Im really unsure of how it works. I also keep hearing how it calculates interest in different ways. People claiming its say 5 of 9000 a month, others say per year. Im very new to this. I previously financed a motorcycle but it was a cheap 4000 250cc. Im now moving up.What would be better to do financially cheaper in the long run? What banks generally have the better rate in CANADA. Im currently with Scotia Bank. Is there another option I should be looking at? Also, my credit is new, so regardless Id need a cosigner for the motorcycle. Thank You! :  <response>: My suggestion... finance NOTHING at 10.99EDIT: To add a little to my very blunt statement. I love motorcycles and ride myself hence the HOG in my username. I totally understand wanting to get a new bike. But id be shocked if you couldnt get a loan with a co-signer for less than 11. And if you cant... dont buy the bike unless you can pay it in cash. 