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  1. #1
    Member bobothewizard's Avatar
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    What are the current rates?

    What are the common current rates people are getting for boat loans? I was just approved for a 14k boat loan at 5.75% for 6 years and was wondering if I should even bother trying to get a lower rate or just go with the 5.75? Credit score is in the high 700's.

  2. BBC SPONSOR reclending.com's Avatar
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    #2
    Quote Originally Posted by bobothewizard View Post
    What are the common current rates people are getting for boat loans? I was just approved for a 14k boat loan at 5.75% for 6 years and was wondering if I should even bother trying to get a lower rate or just go with the 5.75? Credit score is in the high 700's.
    5.75% is a good rate. As long as you can get the terms you need, that sounds like a good deal. If you need a hand with a warranty or service contract let us know.
    Thanks,
    Ken

  3. Member bobothewizard's Avatar
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    #3
    Ken, thanks for taking the time to answer, its greatly appreciated. I remember the last boat I purchased in early 2000 the rates were like 9-10%, my how times have changed.

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    #4
    For the WAY better. Let us know if you need anything.
    Ken