Posts: 1294
| tkuntz - 10/18/2018 10:59 AM
I have not found banks to be helpful at all in buying used boats or vehicles from private sellers. No problem getting financing from THE SAME BANK/CU through a dealer, however. It's a racket and should be illegal, but financial institutions love stacking the deck against you.
I don't know. Over the last 35 years, I just go into the CU and tell them what I am buying (car, truck, boat, etc.), how much I need, and they cut a check. Multiple boats and vehicles both from individuals and dealers. I haven't encountered any issues. Don't forget, a credit union (at least mine) is run by the people it serves. |