How to go about getting a loan for a used boat?

  • Derrick Cox
    MN, Eagan
    Posts: 168
    August 15, 2010 at 1:57 am #1268695

    Like the title says, how does on go about gettting a loan for a used boat? What kind of payments am i looking at etc…

    thanks
    derrick

    Jesse Krook
    Y.M.H.
    Posts: 6403
    August 15, 2010 at 2:10 am #893412

    Payments all depend on how much you have to put down on the boat, the price of the boat and how many years you are looking at to pay back the loan. Getting a hold of Bob Bowman here on IDO is a great start. Bob is with City County Federal Credit Union and >>>Here’s a link to Bob<<<

    dave-barber
    St Francis, MN
    Posts: 2100
    August 15, 2010 at 2:36 am #893415

    Ditto on Bob at CCFCU… Done multiple loans through him. ONLY place to go.

    targaman
    Inactive
    Wilton, WI
    Posts: 2759
    August 15, 2010 at 9:55 pm #893474

    Are you still in high school? Most banks go by what your credit score is and at your age you probably do not have credit established. A co-signer might be needed in your case.

    Bob Bowman
    MN
    Posts: 3548
    August 16, 2010 at 4:27 pm #893590

    Quote:

    Like the title says, how does on go about gettting a loan for a used boat? What kind of payments am i looking at etc…

    thanks
    derrick

    Give me a call in the office @ 763-549-6402 if you have any questions, I would love to help

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