SO YOU'RE THINKING ABOUT FINANCING A BOAT...

Written by Tom Schumacher


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The recent combination of high property values and low interest rates has made home equity loans and credit lines a viable option for boat financing. This option can be particularly good for individuals with a challenged credit profile. These loans are based onrepparttar equity available inrepparttar 112347 home and can allow a person with poor credit to get affordable terms that otherwise would not be available. The drawback to these loans is thatrepparttar 112348 home equity is now tied up in a boat purchase. Conventional boat loan rates are very low. A person who can qualify at agreeable terms is usually better off with a conventional boat loan. This will allow a person to keeprepparttar 112349 equity inrepparttar 112350 home for an emergency along withrepparttar 112351 ability to sell without encumbrances.

Choosingrepparttar 112352 right boat loan is an important step inrepparttar 112353 buying process. A good place to start is with a boat finance brokerage, for example www.seadreaminc.com, that can show you how each ofrepparttar 112354 options will fit into your profile. This will give yourepparttar 112355 ability to findrepparttar 112356 loan that fits you best. Then you can concentrate onrepparttar 112357 important stuff – like your first trip torepparttar 112358 water.

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Aboutrepparttar 112359 Author: Tom Schumacher isrepparttar 112360 president of SeaDream Inc. Boat Loans and Boat Insurance - www.seadreaminc.com,repparttar 112361 West Coast leader in new and used boat loans, boat refinancing, and boat insurance. He as over 15 years of experience inrepparttar 112362 boat finance industry and is widely regarded as one ofrepparttar 112363 industry experts on boat financing.

Tom Schumacher is the president of SeaDream Inc. Boat Loans and Boat Insurance- www.seadreaminc.com, the West Coast leader in new and used boat loans, boat refinancing, and boat insurance. He as over 15 years of experience in the boat finance industry and is widely regarded as one of the industry experts on boat financing.


Refinancing…Is It Right For You?

Written by Neil Goldberg


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Lastly, if you suffer another financial set back, you may now runrepparttar risk of losingrepparttar 112346 family home through foreclosure; all this because you maderepparttar 112347 tragic mistake of turning unsecured debts, your credit card’s, into a secured debt, your home. You should definitely talk with your financial advisor before you refinance to make sure it isrepparttar 112348 best option for your particular situation. Remember, what might have been right for your neighbor is not necessarilyrepparttar 112349 right choice for you.

The Credit Counseling Foundation, Inc provides web-based education and personalized consumer credit counseling to clients and the general public in an effort to help consumers use credit wisely. Visit us at www.godebtfree.com


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