Credit Challenged Loans
Was going for a new boat loan and just re-fiananced my house and was surprised to discover that somehow my equifax beacon score was at 590. The dealer couldn't discover why and even called his lenders to elaborate more. Don't know why mine is suddenly so low? Not even recent late payments. I have good income at $130,000 K per year, own my home and some credit debt, but, am now challenged on what to do? Don't want 12 percent or more. Any suggestions?Mark, I have a company that can lend on credit scores this low and while the rate is going to be higher than your 12 percent threshold, you will e able to get into your boat today and once your credit score comes back into line we can refinance you low to a low lore reasonable rate. Additionally, if you apply with Beacon for a boat loan will be able to review your current credit report and attempt to see what is driving your credit score so low. Besot of luck with your new boat purchase.
100 Halls Road
P.O. Box 1060
Old Lyme, CT 06371
Fax: 1(866)282-2623
www.beaconboatloans.com