First Catholic federal credit union in Taylor, been with them for over 20 years.

Did you get you boat? or boat loan yet??

Sorry to hear on your difficulties everyone. I read most all the posts prior and there is one thing that kinda catches my attention but I"m sure they'll let me know if I'm wrong - -

Putting aside the bad loans and defaults; don't forget as your applications go to risk management they now must assume a much larger possibility that they may have to buy the boat back at some point before the loan obviously matures.

This means among many things that since boats will be tough to sell for any real market value for the foreseeable future, they have to try their best to forecast number of payments and balance payoff to an amount that could be passed on to the "potential" repo buyer. RV type loans are not for the faint hearted anymore and I think performance boats are hit the toughest because when the market gets tight or weird, the number of buyers in that particular market falls off the map compared to an "SUV" type boat (cuddies, bow riders, cruisers).

So even though most of you have the huge credit scores, money, assets, etc... It still means little to them if they have to pursue the owner to collect. As you know, it costs a lot of money to collect money these days.

These times have and will continue to dictate a bunch of crap you're just not used to. I wish you all the best luck!

nope and nope.

I'm just kinda burnt out on trying to get financing on anything older than 02, and working at GM I've got a lot of other crap to worry about anyways.

I'm still putting in some bids on some repos (as I shouldn't have any problems with 02's and newer for financing). But I traded my brand new truck for a vette figuring if I do get a boat it'll be a smaller/cheaper one I'll rack store if anything.