Can I get a yacht loan with bad credit?

If you’ve always dreamed of owning your own yacht or sailboat, you’ve come to the right place. Your credit score should not hold you back from making that dream a reality, and with Tiger Finance, it won’t. A bad credit yacht loan allows those with less than perfect credit scores to be approved for a yacht or sailboat loan.

If you’re interested in getting approved for a yacht or sailboat loan, and you don’t have perfect credit, read on below.

What is a bad credit yacht loan?

A bad credit yacht loan is specialist finance that is used to help those with a bad credit score be approved for a yacht or a sailboat loan. Those who do have bad credit can sometimes find it difficult to meet the application criteria for a standard loan due to their credit history.

Bad credit loans are designed for people who may have found repayments difficult to keep up with, or who have not had the financial experience to have a high credit score. Generally, anyone who has any type of bad credit can apply for a bad credit loan.

Bad credit loans are different from traditional loans in that they are targeted to help those who have experienced any kind of bad credit. Those who have experienced a bad credit score or history may find a bad credit loan helpful.

The biggest advantage of a bad credit yacht loan is that it can allow borrowers with bad credit to access finance for a yacht or a sailboat.

Can I get a yacht loan with bad credit?

If you’ve ever had bad credit, you’ll know how hard it can be to get approved for a loan. Traditional lenders can be hesitant to take a chance on those with bad credit, and will generally reject your application solely based on your credit score.

However, not all lenders feel this way. Some specialist lenders are experts in giving people with bad credit a second chance. These types of bad credit yacht loans can make it easier for you to get that yacht or sailboat that you’ve been wanting, without having to wait.

It is possible to get approved for a yacht or a sailboat regardless of your credit score. You may need to provide your lender with forms of identification, proof of income, and details of your debts, among other documents during the application process so that your lender can properly assess your situation.

Where does Tiger Finance come in?

Tiger Finance can have you approved for a yacht loan quickly and easily, no matter what your credit score is. With our same-day approvals and low-interest loans, we can find a flexible loan to suit your needs with no problems.

We have helped countless Australians with both good and bad credit ratings to be funded for their dream yacht. The lending criteria from other lenders can be unfairly strict when you have bad credit, and it can hold you back.

With Tiger Finance, we can help to get you a loan in four easy steps. You will have a free consultation with one of our specialists, and we will tailor-make you a loan. We will negotiate with lenders on your behalf before you are approved. You won’t find an easier way to get approved for that dream yacht or sailboat.

How we can help

Our loan experts can make the entire process simple and pain-free. We can find you the right loan quickly and easily. If you’re ready to sail away in your new sailboat or yacht, call us today for your free initial consultation with one of our loan specialists.