Many Recreational Vehicle Loans Are Actually Disguised Credit Cards. Motorcycle, Jetski, boat, and watercraft sellers will often quote an artificially low "teaser" payment and term, such as "$99 per month for 24 months." These types of offers are deceptive because they seem to offer a fixed term and a set payment. In fact, the financing takes the form of a high-interest credit card with a "promotional" period. Consumers are rudely surprised when they find their payment has doubled, or even tripled, after the promotional period ends. If you thought you signed up for a loan with a fixed term and payment, but received a credit card instead, the dealer broke the law.