Today, more than ever, people are tempted to use their Personal Line of Credit (PLOC) for a major purchase. Bad idea! Your PLOC is your security blanket. Don’t misuse it!
Many people don’t realize that by investing their money and financing their boat or RV they can make money!
Unless you plan to pay cash for whatever boat you buy, you will require some form of financing. Here are just a few financing options to consider.
Having your money work for you is the easiest way of earning money. As you know your investment can earn a lower rate than the borrowing rate for your boat and you can still be ahead in the interest game. We would be happy to take a look at the numbers with you.
Why should you use a fixed rate? Find answers to some of the most commonly asked questions