Bad Credit Boat Loan in Hicksville, NY – Used $35,000 — My name is H. Lopez and I work in appliance repair. I live in Hicksville, NY and would like to get a boat to enjoy this summer.
I have a long work history and make pretty good money and want to buy my neighbor’s used boat for $35,000, but I do not have good credit, so I will need a bad credit boat loan if I can get one. I have a little money to put down on the purchase and need financing for the rest.
Lender Notes: Mr. Lopez needed to borrow the $35K early last May, and he was approved for the boat loan, and below is the reason why, how, where, and who.
Boat Loan Approval – Where – Answer = New York
As we know already, Mr. Lopez live and works in Hicksville, NY. This is established, and checked out.
Boat Loan Approval – When – Answer = 1 Week
He was approved for the 35 grand one week after his initial pre-application form being submitted online.
Boat Loan Reason – Why
Also, as abovc, the applicant has always had a dream of owning a boat, in this case the applicant has access to a cabin on a lake (through a family member) and has a place to dock and/or moor it. So he has the dream clearly in his sights, and all he needs now is a loan for the this boat. He has a friend that is selling him the boat, but actually the price is not great deal as far as a “friend’s price” is concerned.
Boat Loan Approval – How
The most important part of this note is the reality of HOW he got approved for this loan. Mr Lopez was instructed by our users to seek out a loan using the the boat itself as the collateral/security. The boat in question was only one year old, and barely used by the first owner. He found a bank in NY that was willing to look at the value of the boat, and get it appraised. As it turns out, Mr. Lopez had $12,000 dollars for a down payment, making the the total purchase price of the boat is $47,000. To be continued.
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