by Jeff Backus | Jul 5, 2022 | Boat Loans, RV Loans
An RV loan should be the same as a car loan, right? RV loans are a little different than your typical auto loan. They’re usually larger and more expensive purchases, and they pose a larger risk in the eyes of lenders. But, don’t let all of that fool you! Receiving an...
by Jeff Backus | Jun 17, 2022 | Boat Loans
Buying a boat is an exciting experience, but it’s also one that requires careful planning. 1. Understand Your Credit You need to check your credit rating before applying for a boat loan. For boat loans, most lenders require at least a 700 score or higher. Fortunately,...
by Jeff Backus | Jun 9, 2022 | Boat Loans, RV Loans
My local bank declined me. now what? Boat loans and RV loans simply aren’t the forte of some lenders. There are different rules and regulations in place that are different from auto loans or mortgage loans, so they might not have all of the correct knowledge and...
by Jeff Backus | May 25, 2022 | Boat Loans, RV Loans
Recreational Loans: Expectations vs. Reality Consumers enter the loan process with certain expectations, whether it comes from their experience with other loans or word of mouth. Let’s take a closer look at the expectations vs. the realities of the recreational...
by Jeff Backus | Apr 27, 2022 | Boat Loans, RV Loans
What do lenders evaluate for boat and RV Loans? You’ll always be asked about your credit score, and usually, there’s a target number that some lenders like to see. Though, it’s still possible to obtain a boat or RV loan even without meeting some lenders’ standards....
