Marine Financing and Boating Resource Center

Home Marine Financing Articles

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In today’s world it is imperative that you understand how your credit can impact your financial choices. It is essential that you know the fundamentals of credit reporting and monitor your credit reports on a regular basis. To obtain a loan, particularly a boat loan, you must have higher than average credit to secure the best interest rate possible. Understanding your credit report and leveraging your credit profile can be very difficult. In order to help you better understand your more...
Once you've made your decision to buy a boat the first thing that usually crosses your mind is, "How am I going to pay for it." The majority of purchases involve some level of boat financing, whether it's a credit line through the home, an unsecured loan, or a conventional boat loan. Choosing the right financing source can be as important as choosing the right boat. There are several factors to take into consideration when choosing a boat finance source. The first might be to more...
How great is it to save money on something that you already own? In today’s market that is a real possibility. Interest rates have remained at low levels for the last couple of years and the refinance industry has been booming. Many people have taken advantage of these rates to lower monthly housing payments, pay off credit card debt faster, and in general pay less for the privilege of borrowing money. In some cases people have refinanced their homes several times to take advantage of interest more...
Calling for Quotes vs. Pre –Qualifying for a Boat Loan Starting the boat financing process can be a challenge. Calling brokers for rate quotes over the telephone can sometimes be confusing; so before you make that step it’s best to understand how the process works. With any large purchase that is financed, customers want to get the best interest rate available and boat loansare no different. So it’s best to understand what you are getting yourself into beforehand. Calling around more...