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View Poll Results: Is Sailboat ownership only for the Rich and Elite ?
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Old 23-07-2016, 09:37   #121
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Join Date: Jun 2013
Location: canada
Posts: 1,563
Re: I need a Bad Credit Boat Loan

How to buy a 7000 dollar boat

Save up 30 000. Buy boat. Keep rest for repairs and maintance.

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Old 24-07-2016, 23:35   #122
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Location: Lake Belton, TX, USA, Earth: 3rd rock from the Sun
Boat: Vagabond 14
Posts: 422
Re: I need a Bad Credit Boat Loan

Simpler to get a loan on a car or a line of credit on a house than a boat loan.

So... if you can afford the boat, try the line of credit on the house first (usually lower interest)

If you can afford it, then it won't be a problem.
If you can't afford it, then you can live in the boat when they repo the house.

TurninTurtle is offline   Reply With Quote


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