FAQ on Pawn A Boat | Loan Against Boat East Midlands
Pawn A Boat East Midlands Frequently Asked Questions.
What are the boat pawn payment terms?
Pawn payment terms depend on the customers amount requirements. In general it starts from 3 months up to 24 months. You may request an extension if it is required starting from 3 months. You only pay for the time you use your boat loan in monthly increments.
How long does it take to get my application approved?
It will depend on your boats condition and if you are in possession of all the required documents that prove that you are the owner of the boat. If all documents are available, they will be checked and verified and once everything is in good standing, your application can even be approved in less than 30 minutes!
My credit record does not look good, will this affect my boat pawn application?
No, No credit check is required, we only need proof of income and ownership in order to process your boat pawn application.
Do you provide boat pawn amount estimations?
Yes, we have a wonderful valuations team, and we have a good relationship with international network of qualified appraisers, auction house specialists, experienced executive level managers who work together to provide you with the most accurate estimates of your boat pawn amount in a very timely manner.
How long will it take you to do boat assessments?
Boat assessments of your boat will be arranged and we will come back to you with the boat loan amount generally within the same day.