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I purchased my boat back in 2017 at the boat show to get the promo 2.99% for the first 5 years and 5.99% for the remaining 10 years. Knowing I would keep the boat 5 years or less, I jumped at the deal. The boat was financed through Synchrony Bank which I just made a payment on 1/7/2020. I called in today to get my principal balance as I'm preparing to sell my boat. After waiting for 30 minutes to reach a real person at Synchrony Bank, I was told my loan was sold to Yamaha Motor Finance Corporation USA and they provided me with a phone number. I called Yamaha Motor Finance and they cannot find any of my information and the transfer is still in process. I was wondering if others were aware?
EDITED BY JULIAN (ADMINISTRATOR)-SO PEOPLE COULD SEE (At the top of this thread) YAMAHA'S UPDATE AND WEBSITE TO ADDRESS ISSUES WITH THIS TRANSITION:
I was just provided this URL for people to use that are in the process of switching over to Yamaha financing:
Looks like they've heard there are issues and won't be charging any late fees or impacting any credit scores....
Hopefully this helps....
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