We fell behind by 3 months on our boat loan last year and subsequently the boat was reposesed in June 2010. Within 1 week I was able to settle with GEMB and pay all of the back payments, the repo fees, etc. The balance on the boat I was told was $22, 000.00 if I wanted to pay it off. Since the repo, we made arrangements to have the funds automatically deducted from our bank account, therefore leaving no room for delinquency or late fees. We were now 2 months ahead of our payments. As of this date, GEMB is still receiving the monthly... read full review »