Boat loans can be unsecured or secured by the boat. Compare financing options from online lenders, banks and credit unions. Many or all of the products on this page are from partners who compensate us ...

A personal loan like a boat loan can let your dream of owning a boat take sail. If you are thinking about a boat loan, evaluate interest rates and terms offered by the lenders covered here. Your ...

Boat loans are a type of personal installment loan that is used exclusively for marine craft-related expenses. Online lenders, banks, credit unions and marine lenders offer boat loans, but some impose ...

Unless you can float the entire cost from your savings, you'll likely need some financing to afford a boat. While personal loans can technically be used to finance almost anything — including a boat ...

A boat loan calculator can help you estimate your monthly payments and interest costs on a boat loan. Many, or all, of the products featured on this page are from our advertising partners who ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Ben Woolsey was a full-time Associate Editorial Director at Investopedia, focusing ...

In the year of social distancing, many people apparently figured it was a good time to buy a boat. New powerboat sales soared 12% in 2020, hitting their highest levels in 13 years, according to the ...

You can choose a secured or unsecured loan to finance a boat purchase, either through the seller or a third party. Before you finance a boat, make sure your credit is in good standing and you have a ...

Most lenders will require a credit score of about 680 or higher Carrie Pallardy has more than nine years of experience writing about a range of topics, including healthcare and cybersecurity. Her ...

Mortgages and car loans are debt that most borrowers will take on in their lives, as houses and vehicles are commonly owned in modern society. Because boats are a recreational purchase, boat loans ...

Lora Shinn is a contributor to Buy Side and personal finance expert specializing in loans, insurance and credit cards. Edited By Written by Senior editor, Buy Side Meredith Mangan is a senior editor ...