Question by Matthew T: Is it possible to get a boat loan for 00?
There is a boat I want for the cost above. I could easily give half the money, however, I do not want to pay for the whole thing outright if possible. Anyone know if it is possible to get a boat loan that small?
Anyone know what companies could help me do so?
If the boat is valued at $ 1500, a credit union would loan you probably $ 1000, and you would put it in $ 500 equity – however, you know that the 2 happiest days of a boaters life is the day he buys a boat and the day he sells it!
Other options would be a personal unsecured loan – again, credit unions are your best bets there.
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