ZuniJayne
Well-known member
Greetings, gang!
This may have been posted, but I just ran across it. It seems that between parts of the new credit act, and parts of an older law, some fulltimers are having problems getting loans for their RVs. It appears that several major lenders have opted out of RV loaning because of some complications.
You can read the full article here:
http://www.rvdailyreport.com/News/tabid/56/ctl/ArticleView/mid/370/articleId/8576/New-federal-regulations-to-limit-loans-to-full-time-RVers.aspx
IMHO, it looks like a great excuse for RV dealers to steer you to THEIR, more profitable (for them) financing.
This may have been posted, but I just ran across it. It seems that between parts of the new credit act, and parts of an older law, some fulltimers are having problems getting loans for their RVs. It appears that several major lenders have opted out of RV loaning because of some complications.
You can read the full article here:
http://www.rvdailyreport.com/News/tabid/56/ctl/ArticleView/mid/370/articleId/8576/New-federal-regulations-to-limit-loans-to-full-time-RVers.aspx
IMHO, it looks like a great excuse for RV dealers to steer you to THEIR, more profitable (for them) financing.