Be Perpared to Pay if you want to Play
Just went to the Credit Union today to see about a loan for a used and possibly a new 5th wheel. Well, well, well, what a eye opener! If I get a 60-month loan for $38,000 on a used unit at 4.01% the...
Forum Discussion
Hmmm, when the bank, that really wants to loan you money won't, it's generally because the think there is a pretty high likelihood you won't be able to pay it back. I think the credit union is giving pretty bad advise recommending taking out a large loan prior to your retirement. Myself, I can't imagine going into retirement with debt.
RV's can indeed be expensive, and unfortunately they depreciate rapidly. Surprisingly, for the bigger rigs you even find the dealers trying to talk you in to a 15 or 20 year loan on the more expensive ones. You'd be upside down your whole ownership with something like that.
RV's can indeed be expensive, and unfortunately they depreciate rapidly. Surprisingly, for the bigger rigs you even find the dealers trying to talk you in to a 15 or 20 year loan on the more expensive ones. You'd be upside down your whole ownership with something like that.
