You might be looking for an rv finance company to help you purchase your own RV camper. There are actually several financial companies such as 1st Commercial Corporation of America that specialize in giving financing for recreational vehicles. The rv finance rates can be as low as 6.49% with approval. These special financing companies offer easy online access to the information you need to determine if you qualify for approved credit. They have easy to understand applications that you fill out online. They also offer a convenient loan calculator that allows you to figure the amount you want to borrow by the length of time in order to determine your rate.
Another one of the rv finance companies you will find online is PRC. They offer a minimum loan of $25,000 for people that qualify and can pay at least 15% down on their vehicle. You can also receive $15,000 for paying 10% down instead. You need to have a credit score of at least 580 in order to be considered for approval. There are also additional stipulations about the vehicle itself such as it can’t be older than 10 years and they do not finance class B vehicles. You also need to be in good standing with your credit and not be delinquent.
It is possible to receive credit rv finance approval to purchase the recreational vehicle you want through a place like GA RV finance for example. If you are concerned about your credit history or credit rating, you check to see if you can have the owner finance rv payments for you. If you know the person that is selling the RV you might be able to work out a payment system with them. They will be more willing to extend this type of personal financing to you if you are of good character, have a steady source of income and have a percent of the money that you can pay down.
It is not that difficult to receive rv finance from a company if you meet their qualifications. If you don’t have good credit you can also try going through your own bank to get a loan. They might consider giving you the money if you have an item of value that you can use as collateral against the loan such as another vehicle, a house or other type of property. Owning your own RV camper can be a rewarding experience when you have the opportunity to travel the open road with your family and friends.