This is good news for people
Credit Unions across America are allowing for part of the lending resolutions for the motorhome industry. More than 8,000 banks spread across the US, representing a big prospective as a source of money for buying a RV.My parents just purchased a couple of boats at 5.0% and it only took a few minutes to qualify for the loan. Another source for lending is smaller banks, which look to have avoided many of the fiscal problems that large corporate banking companies found themselves in.The class c motorhomes industry and certain groups are working with credit unions to allow both retail and wholesale financing, which is desperately needed. I have many sources within the RV industry and know that RV makers are seeing a 20% step-up in sales compared to 2007. A big problem for many RV manufacturers is securing a acceptable flooring source to buy additional RV’s.Mostly it seems like the credit freeze is starting to dissolve and credit unions are beginning to loan once more, this is good news for people that have been waiting to buy a new toy hauler. The timing could not be more optimal - dealers are discounting their products at historic levels not seen in 20 years. If you and your spouse in the marketplace to buy a class a motorhome then now is the time to consider it.