Finance options for new boat

dave603 · 10-01-2015, 08:15 PM

What credit union is that?
GSCU is currently advertising 1.74% for anything that moves loans.

DesertDweller · 10-01-2015, 08:20 PM

Quote:

Originally Posted by dave603

What credit union is that?
GSCU is currently advertising 1.74% for anything that moves loans.

That's a kick ass rate. Only up to 36 months if that works for you and you are eligible to join.

Here are two national groups:

http://boatbanker.com/

https://www.essexcredit.com/

Outdoorsman · 10-01-2015, 08:28 PM

Quote:

Originally Posted by DesertDweller

That's a kick ass rate. Only up to 36 months if that works for you and you are eligible to join.

I did not check out your links so I will not comment on those, BUT, two key points from your post would be

"only up to 36 months" and "if you are eligible to join". Your credit score is KEY to getting low interest rates.

DesertDweller · 10-01-2015, 08:44 PM

Here are the disclosures on the Granite State Credit Union rates:

Rates and amount financed are determined by your credit history. All rates quoted include a discount for selecting 2 of the following services: life insurance, disability insurance, estatements or automatic payments, otherwise add .50%. Rates are subject to change at anytime however the rate will remain in effect for the life of the loan once disbursed. Estimated monthly payment does not reflect the additional cost of insurances. Additional rates and terms available. Please contact Member Services for additional information. *Annual Percentage Rate (APR) is based on a loan amount of $35,000 plus a $95 origination fee.

10-01-2015, 08:15 PM	#1
dave603 Senior Member Join Date: Apr 2013 Location: Nashua/Winnisquam Posts: 282 Thanks: 106 Thanked 96 Times in 49 Posts	Wow What credit union is that? GSCU is currently advertising 1.74% for anything that moves loans.

10-01-2015, 08:44 PM	#4
DesertDweller Senior Member Join Date: Aug 2011 Location: Las Vegas, NV and Moultonborough, NH Posts: 385 Thanks: 27 Thanked 88 Times in 74 Posts	Here are the disclosures on the Granite State Credit Union rates: Rates and amount financed are determined by your credit history. All rates quoted include a discount for selecting 2 of the following services: life insurance, disability insurance, estatements or automatic payments, otherwise add .50%. Rates are subject to change at anytime however the rate will remain in effect for the life of the loan once disbursed. Estimated monthly payment does not reflect the additional cost of insurances. Additional rates and terms available. Please contact Member Services for additional information. *Annual Percentage Rate (APR) is based on a loan amount of $35,000 plus a $95 origination fee.