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Approval for an unsecured boat lender may consider the boat's age and how much it a fleet of boats for.
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Approval for an unsecured boat lender may consider the boat's age and how much it a fleet of boats for.
Boats and cars are usually viewed as depreciating assets so lenders like to have positive equity in the collateral before they fund a loan. Offer expires April 1, Underwriting criteria is established by our partners, not Acorn Finance. If you pay more than the minimum monthly payment each month, the additional amount should go toward the principal.