I have a few questions for you. I am looking at a used 2007 model boat with 181 hours on the engine for 20k. What is the longest used loan you can do on a boat? What would the monthly payments be and what kind of intrest rate would i get with a credit score of say 730 or higher.
Thanks .
Sorry this took so long to responde. i was not able to log in for a few days but Al his us fixed now. terms on used boats in that amount should see 120-144 months. Interest rate is based on more than just credit score. Debt to income, loan amount to value, credit history, credit card debt, timne on the job, time at address.....see what I mean. Some of the picture is also based on where you live because of regional lenders. We can give a better idea if we see a bureau and go from there. First off is what state do you live in? Sounds like an odd question but it does matter. thanks, KenOriginally Posted by zippy9232
I live in alabama, I currently have no credit cards. credit minimum 730, lived in house for 3 years, and make roughly 30$ hr. Thanks
We currently do not have a bunch of great options in AL. Are you buying from a dealer?
Let me know. You can also call my cell if that works better.
thanks, Ken
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