SailNet Community - View Single Post - Confused with Credit
View Single Post
post #1 of Old 07-12-2002 Thread Starter
Junior Member
Join Date: May 2002
Posts: 10
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
Confused with Credit

Well I am confused! Recently, I was pre-approved for credit with Essex for $51,000. I have the customary 20% downpayment but unfortunately the deal fell through on the owners end. Essex said if I find another boat within 30 days I''m still pre-approved. I found a 1982 Westerly but now Essex says that due to the boats age, I will need to supply 50% down. This just doesn''t seem right. Can anyone suggest a few other marine credit companies that want business?
ptapaul is offline  
Quote Share with Facebook
For the best viewing experience please update your browser to Google Chrome