Used boat loans are offered by select banks, credit unions, online lenders and marine lenders. You could incur steeper borrowing costs if you finance an older boat. Some lenders also require higher ...

New and used boats are available from banks, credit unions, online lenders and directly from boat sellers. Lenders take into account the boat's age in addition to your personal finances and credit ...

You must complete a loan application and continue to meet any criteria used to select you for a loan offer. Not all applicants are approved. Loan approval and actual loan terms depend on applicant’s ...

Charlie Tarver is a personal loan expert with more than five years of experience. Fox Money is a personal finance hub featuring content generated by Credible Operations, Inc. (Credible), which is ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Ben Woolsey was a full-time Associate Editorial Director at Investopedia, focusing ...

Unless you can float the entire cost from your savings, you'll likely need some financing to afford a boat. While personal loans can technically be used to finance almost anything — including a boat ...

In the year of social distancing, many people apparently figured it was a good time to buy a boat. New powerboat sales soared 12% in 2020, hitting their highest levels in 13 years, according to the ...

You can choose a secured or unsecured loan to finance a boat purchase, either through the seller or a third party. Before you finance a boat, make sure your credit is in good standing and you have a ...

The time has finally come: You've done all the work of researching boats, picking out the model you want, planning your negotiating strategy, and getting ready for the trips you can take. What comes ...

A boat loan calculator can help you estimate your monthly payments and interest costs on a boat loan. Many, or all, of the products featured on this page are from our advertising partners who ...

Most lenders will require a credit score of about 680 or higher Carrie Pallardy has more than nine years of experience writing about a range of topics, including healthcare and cybersecurity. Her ...

Lora Shinn is a contributor to Buy Side and personal finance expert specializing in loans, insurance and credit cards. Edited By Written by Senior editor, Buy Side Meredith Mangan is a senior editor ...