What is the criteria for applying for a boat loan with RAC Finance?

Applicants need to be:

  • Over 18 years of age
  • Be receiving an income
  • Hold a valid Australian driver's licence or learner's permit
  • If you're offering a boat and trailer as loan security it must be registered in WA at time of loan settlement
  • An Australian Citizen or permanent resident and reside in WA
  • Free from bankruptcy for the past 5 years and not currently on a debt agreement
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