scarecrow56 wrote:
My credit score is 785 however I'm self employed and show a low income so wouldn't that keep me from getting a loan at a bank? Also, yes I would keep the trailer for 12 years or more. My last one I kept for 20 years. Im also looking at it as a second home when I retire in 2-3 years.
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Yeah, you are kind of in a tough spot. The interest, the dealer wants Is pretty high. But remember he/she is not going to carry the paper. They will make a % on it, and sell the loan. And they are putting you in a higher risk category (good credit, but low income)
Kind of, it is, what it is, and credit union may not be willing to help you, and a bank may not offer a much better rate. Given your income
My humble opinion try online , call around see what you can do