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hi


You are replying to:
banker
Posted 12/7/2007 10:37 PM (#288114 - in reply to #288049)
Subject: RE: Boat Financing


if you are financing a boat for 10 years it is a dumb investment. if makes no financial sense whatsoever. i would imagine that banks with strong portfolios do not make 10yr boat loans. they will however do them on a line of some sort. home equity, personal line of credit, ect...these are in some cases renewable annually and usually backed by strong collateral. (residence, securities...)
I digress...

but why would you finace a 30k for that long?

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