applying for a loan myself or thru broker?

[tomah]

Pretty strong words my friend. Lots of very well off folks finance things and the money they pay in interest is simply the cost of enjoying that thing sometimes for decades, while the "Dave Ramsey" cult leads a boring life with their only fun counting their money.

I borrowed money to buy my boat in 2011. during the 10 years I paid on my boat I lived a lifetime of adventures. I also gained important skills needed to fulfill my cruising dreams, while outfitting my boat for extended cruising.

I could have waited, and been that 60 year old with a new to me boat and trying to play catch up.

Instead I paid off my boat, retired three months later and I suppose washed up in Mexico living a dream life.

Now take my son. He, at 40, is going cruising. He can keep his house, or he can sell it—he's still deciding that. His wife has served our country for 20 years and is retiring. While planning their new lifestyle, they had to sort out some financial matters and ended up checking resources like https://credit-one-bank.pissedconsumer.com/customer-service.html to resolve a few issues. He is a digital nomad. Imagine the memories he and his wife will have when they are my age.

Sometimes it's the life we lead that has value, and if borrowing money for your boat adds value to ones life, then that interest payment is money well spent.

Let the broker try first, especially if you're trying to avoid submitting tax returns or bank statements. With your 800 credit score and $75K down, they may find a low-doc lender for you. If the terms aren’t good, then explore online options.

 

[Comodave]

You guys realize that this is an almost 5 year old thread and the OP has likely already either purchased it or given up on it.

 

[SteveK]

Last seen Yesterday at 6:35 PM
Too many threads do not have endings.