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  2. How to get a used boat loan: 6 steps for a successful ... - AOL

    www.aol.com/finance/used-boat-loan-6-steps...

    Used boat loans are offered by select banks, credit unions, online lenders and marine lenders. You could incur steeper borrowing costs if you finance an older boat. Some lenders also require ...

  3. Boat loans for older boats vs. new boats: What you need to know

    www.aol.com/finance/boat-loans-older-boats-vs...

    Like new cars, new boats lose value quickly, which makes used boats less attractive for lenders. It may be more difficult to finance an older boat, unless you choose an unsecured loan.

  4. Weigh all your options: How to choose the best boat loan lender

    www.aol.com/finance/comparing-options-choose...

    Before applying for a boat loan, consider these seven factors. 1 . Secured or unsecured. A secured loan uses your boat as collateral in the same way that a car loan is secured by an auto. Rates ...

  5. Debt consolidation - Wikipedia

    en.wikipedia.org/wiki/Debt_consolidation

    Debt generally refers to money owed by one party, the debtor, to a second party, the creditor.It is generally subject to repayments of principal and interest. [9] Interest is the fee charged by the creditor to the debtor, generally calculated as a percentage of the principal sum per year known as an interest rate and generally paid periodically at intervals, such as monthly.

  6. How to finance a boat: 5 steps & where to find the best loans

    www.aol.com/finance/everything-know-financing...

    An unsecured personal loan may make financing an older used boat easier. ... Boat loans are a type of installment loan that is used specifically for the purchase of a vessel. These loans can be ...

  7. Car finance - Wikipedia

    en.wikipedia.org/wiki/Car_finance

    Over 85% of new cars and half of used cars are financed (as opposed to being paid for in a lump sum with cash). There are two primary methods of borrowing money to buy a car: direct and indirect. A direct loan is one that the borrower arranges with a lender directly. Indirect financing is arranged by the car dealership where the car is purchased.

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