Thread: Boat Loans
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Tailgunner
 
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Default Boat Loans



Tony Thomas wrote:

probably a better deal from your local bank or credit union.
An even better deal is to get a home equity loan and write off the interest
(possibly).


That's how I bought my Harley. ;-)

I found after I posted this question that AAA does boat loans. My Credit Union
wants 11.9% for a boat.................



Now some people are going to say never do the home loan since you are tying
your house up on a boat. And if you default you loose your house. I assume
you don't plan on defaulting. I also assume you don't plan on financing
more than the boat is worth.


I plan on financing $1k over for life jackets, anchors, fenders, etc. But no, I
have no intention of defaulting. Hell, I even pay my student loans..............


--
Tony
my boats and autos - http://t.thomas.home.mchsi.com

"Tailgunner" wrote in message
...
Quick question.

Are these boat loan companies worth while or can one get just as good of
a deal from local banks?

--
Tailgunner
Idiot#1
'90 FLSTC "X-Girth"
"Nolo Silentium"



--
Tailgunner
Idiot#1
'90 FLSTC "X-Girth"
"Nolo Silentium"