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need a refinace on boat 10k???

Old 12-11-2002, 06:16 PM
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Default need a refinace on boat 10k???

I need a loan for 10k to pay off this stinken High interest loan
I got sucked into, I have clear title to my 92 25'senza
there mistake . lucky for them I'm honest
My plan is to pay it off as fast as possible cause I want a newer
bigger boat that I will then finace though my credit union
which only loans money on 95 or newer
any Ideas and by the way I went under 4 years ago
been a straight arrow sense.
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Old 12-11-2002, 09:02 PM
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Home equity loan!!!! or line of credit!!!!

Lower interest and tax deductible.
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Old 12-11-2002, 09:05 PM
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How high is your interest now?
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Old 12-12-2002, 08:16 AM
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Try calling the present leanding company and ref with them tell them you have some other loans that you are looking at/
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Old 12-12-2002, 08:30 AM
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home equity line of credit. we went though National City bank.

have a line up to $xxx,000.00 We can use what we need up to this amount.
the boat loan amount is variable right now at 5%!!!!!! just going to watch it. if things start to go up... we can "partition" any part of the line of credit to a fixed rate. could fix today at 7%

can't beat that deal.
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Old 12-13-2002, 12:32 PM
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I just did mine with the one here in Maryland. Got 52K down to just over 6% fixed. There are a few offices up in the northeast and you can do an app over the phone.
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