What type of loan?

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I am going to buy a boat this spring. I would like to have a loan with regular payments/interest etc., but with the ability to pay extra per month on the principal. I do this now with student loans. What type of loan is this?

What type of loan?

The type only an idiot would get. You are going into DEBT for a freaking TOY. Act like a big boy of 8 or 10 & save up!

What type of loan?

If you own a home, your best bet would be to finance the boat with a equity loan.

What type of loan?

Simple interest.

What type of loan?

I have placed this in the source box. There is a wealth of information there and a great free debt management software program. I bookmarked the site as I return to it often for the advice it offers. I hope this helps you.



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