Wednesday, November 19, 2008

RV Financing Available for Creditworthy Customers

RESTON, Va., Nov 19, 2008 -- In response to widespread media reports on how the credit crunch is adversely impacting American industry and the national economy, the Recreation Vehicle Industry Association (RVIA) is reporting that financing remains readily available for well-qualified borrowers looking to purchase the recreation vehicle (RV) of their dreams.

"For the great majority of people who pay their bills on time and honor their loan commitments, there is money in the market to finance an RV according to our finance company members," said RVIA President Richard Coon. "The misconception that creditworthy customers can't finance an RV is simply not true."

Lyle Schaap of Schaap's RV Traveland, an RV dealership in Sioux Falls, S.D. echoed Coon's comments. "We do not have any difficulty securing financing for our customers as long as they have an adequate down payment and a good credit score," he said.

RV dealer Anthony Staab, sales manager at Rich and Sons Camper Sales, Inc., in Grand Island, Neb., also agreed saying that his dealership "still has avenues for financing."
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