Credit Challenged Loans FAQs: I am looking at purchasing a boat that i

Q:	I am looking at purchasing a boat that is $29K...2003 MB Sports B52 V2 Team Edition. To make a long story short, my daughter was diagnosed with a life threatening condition and had to have a bone marrow transplant. About 10 months later, we decided we needed to move to Washington so she could get better care. I contacted Aurora Loans (mortgage company) and asked them what I needed to do to short sell my house because of the housing market in Phoenix. They told me I had to stop making payments so that it showed a financial hardship...which wasn't the case. Anyways, I got their short sell package in about 6 weeks later, and I would've been fine with still making payments due to the medical hardship. I called them back and told them I wanted to make my loan current and explained to them that I was told a lie but I wanted these lates removed from my credit to which they told me they wouldn't do. I have a dispute with Equifax and Trans Union but I'm sure nothing will be done for a few days and even then there might just be a note added. I ran my credit the other day and Trans Union shows 653, Experian 659, and Equifax 603. Do you have any loans available and if so what are the rates? I reside in Washington but I'm buying the boat from a private party in Phoenix, AZ. My credit was excellent (791-797) prior to this first missed payment. Please let me know. Thanks.
A:	Brian, Unfortunatly our cut off is 660. I suggets you wait a few months and see what happens to your score and maybe we can help you then. In the mean time check with your local credit union or bank as they tend to go as low as 640. Good luck with the boat purchase.