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 ...

Why We Chose It: LightStream’s low APR range makes it a good choice for borrowers with good or excellent credit. It’s also a great fit if you’re looking to avoid fees, as the lender doesn’t charge ...

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 ...

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 ...

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 higher ...

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 ...