TT financing for an 04 model??
I found an 04 Cedar Creek I want to buy...shopping around trying to find financing...does anyone know of a place that finances RV's older than 8 years?
Forum Discussion
Gdetrailer wrote:
For the OP, many people here are going to disagree with my position on this matter. If you have a home paid for and or have Equity in a home, DO NOT use it for a loan, PERIOD.
I have seen MANY people close to me that HAVE LOST their home, cars, and other items due to Mortgages/loans which they ended up defaulting on (they ultimately could not afford all the loans).
A RV is a depreciating asset and is a terrible way to "invest" your homes equity in. Home equity loans should be used for things that IMPROVE the equity in your home.
X2
Too many people have lost too many homes by tying up the equity with loans for luxury items. I wouldn't put my home at risk for a TT.
