Why is interest rate higher for Full-Timers
The other day I received an email from the “Good Sam Finance Center” that many of you may have received as well. Just out of curiosity I looked at the interest rates and there were four different cat...
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I'm surprised that the difference in rate is so small, considering the importance of borrower stability in lending decisions. Suggests that the contracted lender has some understanding of ow RV full timers differ from other people who have no permanent location.
Substitute "itinerant" or "drifter" for "full timer" and think again about the question. You'll find many other lenders making that connection, and will not make a loan at any rate.
Substitute "itinerant" or "drifter" for "full timer" and think again about the question. You'll find many other lenders making that connection, and will not make a loan at any rate.
