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Credit score
#12199930
04/15/17 12:15 AM
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Joined: Feb 2006
Posts: 1,966
Tidwell77
OP
Extreme Angler
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OP
Extreme Angler
Joined: Feb 2006
Posts: 1,966 |
What kind of credit score is needed to finance a boat these days?
Jason Tidwell 817-345-1728
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Re: Credit score
[Re: Tidwell77]
#12205313
04/18/17 06:47 PM
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Joined: Mar 2010
Posts: 2,233
thrashfish
Extreme Angler
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Extreme Angler
Joined: Mar 2010
Posts: 2,233 |
550-800 depending on how much you put down and what the interest rate will be.
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Re: Credit score
[Re: Tidwell77]
#12205967
04/19/17 01:54 AM
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Joined: Jan 2004
Posts: 1,356
Classic Used Boats
Extreme Angler
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Extreme Angler
Joined: Jan 2004
Posts: 1,356 |
Credit score only determines your interest rate for my loans. Please check out www.ClassicBoatLoans.com for loan requirements then give me a call if you have any questions.
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Re: Credit score
[Re: Tidwell77]
#12208988
04/20/17 08:32 PM
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Joined: Oct 2010
Posts: 395
RecLending.com
Angler
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Angler
Joined: Oct 2010
Posts: 395 |
Mike is right. Score is only one part of the approval. Bureaus vary so much that generally what is on it is more important than the EXACT score. No number is a magic bullet that works every time. You can have a 780 and get declined based on lack of history, high CC debt, debt to income...... Several things play a part. The score generally is used to set the rate. The volume of trades and all the other items count toward the approval or decline. Let us know if we can help. Thank you, Ken
RecLending Office (517) 543-6921 Email: Info@Reclending.com Todd's Cell: 517-294-0459
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