SeaKnots

Boat Loans

I'm looking for a new loan on my 1983 Hunter 30. I've recently been through a divorce and don't have the best credit anymore.does anyone know where I can find a loan for this situation? I really would like to keep my boat.

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Permalink Reply by Banana Wind on June 2, 2008 at 9:54pm
Have you tried your local credit union(s) ? They are usually eager to provide a loan at decent rates provided you have a good out of water survey done & submitted to them. As a rule I have found that they really arent "sailboat savvy" -so they may or may not know what they are helping you finance. Keep your head up and your sails full of wind and you will prevail ..best of luck sir!
Permalink Reply by George Boase on June 5, 2008 at 4:40am
There's a website that makes loans that don't quite fit normal amounts, purpose or credit rating. Try www.prosper.com. They may be able to help.
Permalink Reply by Nereussailor on June 5, 2008 at 8:15am
Thanks for the info George
Permalink Reply by LOLA on July 2, 2008 at 9:57am
I found my car insurance was best price...I have 3 cars with them...Nationwide. I had first with my house ins Company State Farm, but found later Nationwide had a better quote,..Lola

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