Forum Discussion
Campfire_Time
Jul 08, 2013Explorer
Dick_B wrote:
It's hard enough to get a loan on a new RV that I doubt anyone, short of a loan shark, will give you money for a 10 year old unit. Home Equity Loan is the way to go.
Just my $.03
Hard to get a loan on a new one? Doesn't explain all the new rigs I've been seeing this summer then, unless people have a lot of cash to go around.
I agree on the home equity loan though. No one is going to lend money on a 10 year old RV. Another option might be a personal line of credit. I've had both secured and unsecured lines of credit in the past. Its a bit like a credit card with a fixed rate that's much lower than a credit card.
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