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Older Boat Financing

Old 02-08-2009, 03:22 PM
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Originally Posted by Quicksilver
There are some credit unions that will get aggressive on used boat loans, but I'm havening a brain fart. I think Pentagon was one?

https://www.penfed.org/productsAndRa.../boatLoans.asp
Thanks. They do look to have some good rates and aren't looking for 20% down, definitely a good option for some of us I'd think.
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Old 02-08-2009, 09:15 PM
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a last resort might be getting a heloc
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Old 02-08-2009, 09:45 PM
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Originally Posted by vette131
a last resort might be getting a heloc
What is that???
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Old 02-11-2009, 08:05 PM
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home equity line of credit , its a gamble in an unstable housing market , just another step in getting buried under your house in my opinion
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Old 02-11-2009, 11:39 PM
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if your job is secure, and you are not planning on moving, or your house is close to being paid off. a line of credit is not a bad option
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Old 02-12-2009, 12:46 PM
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Local credit unions by me are doing 30k signature loans for under 5% with good credit ratings. Although they are 6o months. They are fixed.
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Old 02-12-2009, 03:24 PM
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I borrowed 65k for 10y at 5.75 at mine this month, Its there boat show special.

http://www.wsfcu.com/ASP/rates.asp

not bad
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Old 02-12-2009, 06:13 PM
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Originally Posted by GrandTimes
I borrowed 65k for 10y at 5.75 at mine this month, Its there boat show special.

http://www.wsfcu.com/ASP/rates.asp

not bad

That's not bad at all, what year was the boat?
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Old 02-13-2009, 05:49 AM
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98, they dont care what year it is, just if it books out.
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Old 02-13-2009, 11:45 AM
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damm sham i dont live in tulsa i can't find anything around houston and i'm putting half down
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