Over the past few weeks, we have been hearing the media talk about car loans and how people with good credit are being turned away. Here is an excerpt from an article in the Detroit Free Press on 10/9/08:
”While the sharpest drop was in sub-prime auto loans, borrowers with good and great credit also are being approved less often and asked to contribute larger down payments toward new-vehicle purchases.”
The article goes on to say that dealers feel that this fear is grossly exaggerated. People ARE receiving financing and the same is true for our customers at American RV.
While lenders are being more careful on the loans they are giving people, they are still lending money and financing customers for loans. American RV works with over 15 banks to get you the best possible rate available for you and your situation. The best part is you only have to fill out a credit application and our Business Manager will take care of the rest!
If you have questions about financing, rates, or what you have to do to take advantage of what our lenders have to offer, please contact Win Merrill at 616.455.3250 or by email at Win@AmericanRV.com.
