Beacon boat loans: Credit Challenged Loans FAQs: I would like to purchase a boat off of e  

Credit Challenged Loans

I would like to purchase a boat off of eBay for a price of 14,650.00. My fiancé has a credit score of 608 and we would like to finance it in her name. I made 101,000 in 2008 but my credit score is 506. She is a waitress at a local steakhouse and brings home 80 a night. What would be the best approach to get the loan? Also the auction ends in 3 days so I really need to act now on it.

Shane, unfortunately your credit scores are below the cut off with all boat lenders.


Beacon Marine Credit
100 Halls Road
P.O. Box 1060
Old Lyme, CT 06371
Phone: 1(888)656-9400
Fax: 1(866)282-2623
www.beaconboatloans.com