Beacon Boat Financing: Credit Challenged Loans FAQs: Good morning, I have been thinking about

Credit Challenged Loans


Q: Good morning, I have been thinking about buying a boat and have just a couple of questions. My credit scores are 632,632,646& dti 30. I had a bk in 2002 due to a divorce and have established credit sence. I have been at that same employer 3 years and lived at the same place for 4 years and made 80,00 last year. Do you think financing is an option and what rate could I expect? laon amount $15,000 Thx Derrick

A: Derrick, we have two lenders that will consider financing a boat to consumers that have re-established themselves after a banruptcy. Interest rates will vary and are set on a case by case basis. Please contact us or apply on line if you would like us to proceed with your loan request. Our minimum loan amount is $20,000.
 

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