Find RV Financing Rates Lower Than You Imagined
Factors Influencing RV Financing Rates
Several factors influence the rates you might be offered for RV financing. Your credit score is perhaps the most significant factor; higher scores generally qualify for lower rates. Additionally, the loan term can impact your rate—shorter terms usually result in lower interest rates. The type of RV, whether new or used, can also affect the rate, with new RVs often attracting better terms due to their higher resale value.