4.3 of 5starsRead Reviews
Boatloan.com is powered by Intercoastal Financial Group, the nation's oldest and largest independent marine lending services firm. With over 25 years in the marine industry, we know our clients require more than just the lowest rate. We are reinventing the recreational loan process to deliver modern, personalized service with the fastest loan approval process in the marketplace. Our hassle-free approach continues to result in the highest customer satisfaction rate as proof of our dedication and experience. We welcome the opportunity to start a conversation about your boat or RV loan today.
Bait and switch
After I went through the initial stages of soliciting a loan on Lending Tree, boa*******.com offered an interest rate of 5.24% on a used motorhome. So I opted to go with them over multiple other lenders. I filled out the loan application, they ran my credit and I had an approval in about 2 hours. Normally, I'd be happy with that. However, they came back saying that the RV was one year too old to get the lower interest rate and that my loan would have an interest rate of 11.99%. I have excellent credit and make more than ample income. The thing that irritates me the most is that that they ran my credit. They knew exactly what year model and make that the RV was and then duped me into applying for a loan with an interest rate that they couldn't honor; i.e. "bait and switch". I was able to find two other lenders that came through at under 6%.
Much appreciated, smooth process and a pleasure working with.
Highly recommended. Immediate response time and a breeze to work with. Thanks a million, couldn’t have done it without you guys.
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Refinanced my boat
Overall it was a fairly easy process that wasn’t super quick (some of that being my fault) but was a pleasurable experience. Very satisfied with the terms as it saved me about 3 1/4% which will save me tens of thousands over the life of the loan. Mike was a pleasure to deal with and very professional and I’d 100% use this again and recommend this to others.
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