RV Financing..

Boy, I'd bet everyone reading this thread would pay in cash for their house, vechiles and homes if they could. But here is the reality - average people have a finite amount of disposable income and so by your method could save for YEARS before buying a house, vechile or TT or some other frivolous thing. So should they rent a home while saving for a cash purchase? Should they ride the bus or take a cab while saving up for a car? If they can afford the note on a loan for a TT should they stash the extra cash for years and years just so they can pay in cash? In the absense of capital at the time they decide to get into RVing, does the need to secure financing mean they really can't afford it? Preaching about responsible borrowing is one thing, but as someone hinted at - everyone's finances are their own business, which basically means not everyone is in the same boat. Banks are in business to make money on intrest - they give loans and people buy stuff. People buying stuff means that there are jobs for people to make the stuff. Thats what drives the economy. Not sure how Bankruptcy and credit card debt comes into the conversation as both are a result of poor lending and borrowing choices.