so im thinking about trying to get like a personal loan, but i dont know about it...

1. is there a minimum amount on a personal loan
2. would they need a down/colateral
3. if i paid off a motorcycle with the personal loan, could i infact OWN the motorcycle, and get the cheaper insurance
4. what would the payments look like?

keep in mind, i have never gotten a bank loan. however, i have about a year of perfect credit card payments, never late.