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
time2roll wrote:Chuck .. wrote:Now there is some of the worst advice on retirement I have ever read. :(
Also, the Credit Union said it is a clever idea to get a loan or loans before retirement because if your income drops, you just might not qualify for the amount you requested.
Many financial Advisors will tell you to consider getting a home equity line of credit on your paid off house before retirement. No cost to you unless you tap into it. Good emergency or short time loan. I agree it is not a good idea to get a RV loan just before retiring!
