How to get a loan for RV
Looking at all the forums, none are a perfect fit so will ask here, my apologies if not the best sub-forum. Trying to figure out how much I can get in a loan. I need some help with loan basics as ...
Forum Discussion
I full-timed for 2 years in a 32' Airstream, I am not totally new to the concept. It's not a money saving situation and tons of unplanned expenses can come up, like I had to replace the AC unit.. my fridge had to be repaired as well.
Learned a lot and understood what I want and what I don't want. Understood what was essential and what was just nice to have, and my personal deal-breakers (that may not be your deal breakers). For example I hate carpets with a passion as they are high-maintenance. I need either wood or Pergo type floor that you can just mop/wash. I won't consider wall to wall carpeting, except maybe for the bedroom. I need spartan type configuration.
My ideal configuration would be a 43' Fifth pulled by a F350. In a real world however it's neither practical nor affordable. There are better, more realistic choices for an active, working 40-something guy in a major metro area. A compact class C but a case can be for a nice class B since they just disappear and don't scream "Full-timing" and more or less blend in with all the delivery vehicles. I can't decide which one but either one will do.
I can deal with an Airstream again if I have to, the newer wide body. It's kind of amazing they haven't introduced anything new and seem to be stuck in the 90's. I need to look at all the new options.
My inquiry is about finances, the rest is really immaterial.
The problem is, I've had a high income for decades and thus became my own bank, I never needed to resort to a CC or a car note, bought my cars with cash. But now am paying for the total lack of credit history, it looks like I have been living in the woods for 25 years. They look at my credit report and it's blank.
I have been financially solvent with zero debt and now the loan industry looks at me with suspicion, since they never made anything off me, I am a risk. People buried into debt have higher credit scores than me.
Learned a lot and understood what I want and what I don't want. Understood what was essential and what was just nice to have, and my personal deal-breakers (that may not be your deal breakers). For example I hate carpets with a passion as they are high-maintenance. I need either wood or Pergo type floor that you can just mop/wash. I won't consider wall to wall carpeting, except maybe for the bedroom. I need spartan type configuration.
My ideal configuration would be a 43' Fifth pulled by a F350. In a real world however it's neither practical nor affordable. There are better, more realistic choices for an active, working 40-something guy in a major metro area. A compact class C but a case can be for a nice class B since they just disappear and don't scream "Full-timing" and more or less blend in with all the delivery vehicles. I can't decide which one but either one will do.
I can deal with an Airstream again if I have to, the newer wide body. It's kind of amazing they haven't introduced anything new and seem to be stuck in the 90's. I need to look at all the new options.
My inquiry is about finances, the rest is really immaterial.
The problem is, I've had a high income for decades and thus became my own bank, I never needed to resort to a CC or a car note, bought my cars with cash. But now am paying for the total lack of credit history, it looks like I have been living in the woods for 25 years. They look at my credit report and it's blank.
I have been financially solvent with zero debt and now the loan industry looks at me with suspicion, since they never made anything off me, I am a risk. People buried into debt have higher credit scores than me.
