Beacon Boat Financing: Credit Challenged Loans FAQs: My 3 Credit Scores range from 580-590.

Credit Challenged Loans


Q: My 3 Credit Scores range from 580-590. I don't have lates on any loans. Experian states that my scores are lower due to lack of open credit, which I'm working on. Our household income is $169k. We're looking at a new boat which is about $45k out the door. Will put 20% down. Do you have loan programs to fit this criteria?

A: Tony, unfortunately we do not have a program for credit scores in this range.
 

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