RLJ676
New member
Some of these banks have received billions to stimulate the economy but instead have pulled out of the marine lending business. Citi is one of them!
I'm tryin to stimilulate the economy here.....they're just making it harder.
BoA has quit boats too, or at least performance ones. It's BS.
If they were writing boat loans like houses though, with no verification or for more than they even made, I'm sure they're losing their ass on them. So now everyone pays the price.