powerqrudy

Does anybody know where I can get a boat loan for a

1986 Formula all i need is 10k

Bank of America will ony go back as far as 20 years?

Thanks
Steve

lastcall02

Try a credit union. We went through Breezy Point Credit Union and did not have a problem, but our boat is a 2004. Credit Unions usually are easier for boat loans then a bank. Good luck.

POWERPLAY J

Yup. Credit union. I am through OUR CU in Royal Oak.

T-RAV

iTrader: (1)

you could always do a signature loan on it.

powerqrudy

what is a Signature loan ?

Baja_342

unsecured loan. Rates may be a little higher.

HELOC, Refi with cash back may be other options.

JWay

I am using Linda Ramirez at Essex credit corp.
Her number is 925-843-3119
Email is [email protected]
They give special rates if you are a Costco card holder. I am getting a 5.6% interest rate on a 1993 formula.

powerqrudy

Guys, i love it thanks i am going to call this Linda and Yes PowerPlay J ROCC has a great rate !

Royal Oak Community Credit Union for the common folk.

POWERPLAY J

Cool! Yes it used to be ROCCU now it is OUR. I am very happy with the service and have moved all of my finances to them. Good luck and I am in Clawson now so if ya wanna meet up let me know.

Griff

If you don't have something you can use as collateral to borrow 10k or get it on a signature, then IMO you should not be buying a 26 year old boat.