What Is a Jet Ski Finance
Planning to get a jet ski of your dream? Financing a jet ski makes it within reach.
A jet ski finance can either be an unsecured personal loan or secured personal loan. With unsecured personal loan, you can normally avail between $3,000 to $50, 000. Rates may differ but are generally between 10-18% p.a. Once approved, you can usually use funds from your unsecured loan to buy a jet ski.
Secured personal loan, on the other hand, lets you use the jet ski you are buying as a security for the personal loan. Rates can be between 5-13% p.a (much lower than the unsecured personal loan). Loan terms may be as long as seven years. Loan amounts may be availed between $3000 to $ 80000.