Essex Credit - Denied Boat Loan with 50% Down Payment!!
I was directed by my broker to try Essex for my boat loan. I was putting 50% down on the purchase price and have a 729 credit score and more than sufficient income for this loan. My debt-income ratio is also very good.
All I got back from these bozos was an e-mail auto-response stating that I was declined and would get a letter in 30 days. What the ***? Now I have a ding on my credit report and no reason why.
This is my first and LAST dealings with Essex. Don't go here for a loan with this outfit. They are just another crappy outfit hiding behind their online website!
Review about: Essex Credit Loan.