inquiry

[benelligun12]

I have no debt other than around 8000 on home. I'm 62 and just wondered
about getting information. Using the scenerio of $500 a month payments, how quickly would a 30,000 boat be able to be paid off at today's rates and at what interest rate.

As I have read earlier, would it be better to go long to hold the interest down and pay the boat off sooner.

I love the Bass Cats and continually look at Bass Cat's board "boats for sale".

Thanks.

P.S.: Assuming all credit inquiries are well rated, how long can a boat as mentioned above (assuming the value of the boat is that) be carried on a loan?

[reclending.com]

<table width="90%" cellspacing=0 cellpadding=0 align=center><tr><td>Quote, originally posted by benelligun12 &raquo;</td></tr><tr><td class="quote">I have no debt other than around 8000 on home. I'm 62 and just wondered
about getting information. Using the scenerio of $500 a month payments, how quickly would a 30,000 boat be able to be paid off at today's rates and at what interest rate.

As I have read earlier, would it be better to go long to hold the interest down and pay the boat off sooner.

I love the Bass Cats and continually look at Bass Cat's board "boats for sale".

Thanks.

P.S.: Assuming all credit inquiries are well rated, how long can a boat as mentioned above (assuming the value of the boat is that) be carried on a loan?</td></tr></table>

Thank you for the questions. We also like the Bass Cat boats. We were invited to the dealer meeting and met several of the dealers on the company ownership. They are great people.
Loan terms in that dollar amount can go as long as 180 months. Those are the best rates and terms. We always advise people to pay extra with each payment. That way you get the advantages and you will eat away at the principle faster, saving interest. With the best rates and that 180 term, you would have a payment just a shade under $300.00. Paying $500 would cut that term nearly in half. That would be a great way to go.
You can find an application on our website at http://www.reclending.com . Once we get that we will call for a SS number and start the process. This is a great time to buy, dealers are moving 2010 stuff and getting ready for 2011. Good savings all around. Even some good buys on used boats. Let us know when you are ready and we will go to work for you.
Thank you,
Ken, Todd & Chris