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Getting a boat loan: What you need to know


Getting a boat loan: What you need to know
By Tim Maxwell
article
Before you set sail in a new boat, educate yourself on boat loans, so you don’t sink yourself with a bad loan. (iStock)
Setting sail on the water is a dream for many Americans. And in 2020, that dream became a reality for many new boat captains, as recent powerboat sales increased by 12% compared to 2019, according to the National Marine Manufacturers Association. With an average price of $37,000 for a traditional powerboat, many of these new boat owners likely needed a boat loan to purchase their vessel.
If you’re looking to hit the water, read on to learn your boat financing options and how to apply for a boat loan. Then check out an online lender marketplace like Credible for loan resources and find competitive rates tailored for you. ....

United States , Consumer Financial Protection Bureau , Better Business Bureau , Trans Union , National Marine Manufacturers Association , National Marine Manufacturers , Federal Trade Commission , ஒன்றுபட்டது மாநிலங்களில் , நுகர்வோர் நிதி ப்ரொடெக்ஶந் பணியகம் , சிறந்தது வணிக பணியகம் , டிரான்ஸ் தொழிற்சங்கம் , தேசிய கடல் உற்பத்தியாளர்கள் சங்கம் , தேசிய கடல் உற்பத்தியாளர்கள் , கூட்டாட்சியின் வர்த்தகம் தரகு ,

Getting a boat loan: What you need to know


Before you set sail in a new boat, educate yourself on boat loans, so you don’t sink yourself with a bad loan. (iStock)
Setting sail on the water is a dream for many Americans. And in 2020, that dream became a reality for many new boat captains, as recent powerboat sales increased by 12% compared to 2019, according to the National Marine Manufacturers Association. With an average price of $37,000 for a traditional powerboat, many of these new boat owners likely needed a boat loan to purchase their vessel.
If you’re looking to hit the water, read on to learn your boat financing options and how to apply for a boat loan. Then check out an online lender marketplace like Credible for loan resources and find competitive rates tailored for you. ....

United States , Consumer Financial Protection Bureau , Better Business Bureau , Trans Union , National Marine Manufacturers Association , National Marine Manufacturers , Federal Trade Commission , ஒன்றுபட்டது மாநிலங்களில் , நுகர்வோர் நிதி ப்ரொடெக்ஶந் பணியகம் , சிறந்தது வணிக பணியகம் , டிரான்ஸ் தொழிற்சங்கம் , தேசிய கடல் உற்பத்தியாளர்கள் சங்கம் , தேசிய கடல் உற்பத்தியாளர்கள் , கூட்டாட்சியின் வர்த்தகம் தரகு ,

Profile: Bill Yeargin of Correct Craft


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Profile: Bill Yeargin of Correct Craft
Bill Yeargin, a reluctant CEO, navigated boat maker Correct Craft through three crises. He s working to avoid a fourth.
Clad all in black, tall, Bill Yeargin nonetheless strikes a self-effacing figure as he quietly returns greetings of “Hi, Bill” from the workers on the Correct Craft boat factory floor. His shirt has the company name and a slogan introduced under his management: “Making Life Better” better for customers, but also workers and, he says, anyone else the company touches.
Right now, the better life is in high demand. “We have dealers and customers screaming, wanting boats,” he says. He aims to please, but meeting demand isn’t what worries him. What concerns him is a future in which the factory east of Orlando could fall silent. ....

United States , Florida Atlantic University , New Hampshire , White House , District Of Columbia , Seminole County , West Palm Beach , Andrew Cochrum , Peter Diamandis , Walterc Meloon , John Morris , Paul Singer , Phil Purcell , Ray Kurzweil , Daryle Doden , Derrick Crandall , Berean Christian , Matt Moore , Michael Swartz , Rybovich Spencer , Michael Okaty , Foley Lardner , Rockstar Energy , National Marine Manufacturers Association , Marine Industries Association Of South Florida , Habitat For Humanity ,