Frequently Asked Questions

Recreation Loan Information

  1. What is the Customer Service number to Merrick Bank's Recreation Lending Department?
  2. Is there a pre-payment penalty associated with your loans?
  3. Can I pay my loan ahead?
  4. What options are available to make my payments?
  5. Will this loan help me re-establish my personal credit?
  6. What kind of RVs and Boats does Merrick Bank finance?
  7. Does Merrick Bank finance private party person-to-person sales?
  8. How do I know which dealership to go to that is approved to do business with Merrick Bank?
  9. Can I access my account on-line?
  10. My payment was due yesterday. How can I get my payment to you ASAP?

Questions and Answers:

  1. Q: What is the Customer Service number to Merrick Bank's Recreation Lending Department?
    A. 1-888-545-5777

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  2. Q: Is there a pre-payment penalty associated with your loans?
    A. No, these are simple interest loans and you can pay them off as soon as you would like without a penalty.

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  3. Q: Can I pay my loan ahead?
    A. You can make payments ahead of schedule for up to two months; Example: If your loan payment for $200 is due January 1st and you pay $600 you will still have another $200 payment due on March 1st. Whenever payments are received they are applied to interest and principal first, then to any late fees.

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  4. Q: What options are available to make my payments?
    A. You can mail payments to:
    Merrick Bank
    PO BOX 27076
    Salt Lake City, UT 84127-0076

    or

    You can call 1-888-545-5777 to make a payment by phone, or to discuss other payment options.

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  5. Q: Will this loan help me re-establish my personal credit?
    A. This loan could help you re-establish your credit if you consistently make your monthly payments on time.

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  6. Q: What kind of RVs and Boats does Merrick Bank finance?
    A. Boats: Merrick Bank finances most traditional boats. However, we do not finance personal watercraft (i.e. jet skis, wave runners, etc), high performance boats or sailboats.


    RVs: We finance towable 5th wheels, travel trailers, truck campers and folding camping trailers. We do not finance motor homes. We finance for recreational use only.

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  7. Q: Does Merrick Bank finance private party person-to-person sales?
    A. At this time we do not finance this type of sale.

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  8. Q: How do I know which dealership to go to that is approved to do business with Merrick Bank?
    A. You can go to the dealership of your choice and ask them if they are signed up with Merrick Bank. If they are not, have them call us at 1-888-545-3888. You can also call our marketing department at the same number and ask about a specific dealer.

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  9. Q: Can I access my account on-line?
    A. Coming Soon!

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  10. Q: My payment was due yesterday. How can I get my payment to you ASAP?
    A. Please call Customer Service at 1-888-545-5777 for same day options.

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