Recreational Loans
Are you dreaming of hitting the open road in a home-on-wheels, exploring the great outdoors with all the comforts of home? Recreational vehicle (RV) loans could be your ticket to adventure. These specialized loans are designed to help you finance the purchase of an RV, whether it’s a luxurious motorhome or a cozy travel trailer.
Recreational vehicle ownership has surged in popularity over recent years. The RV Industry Association reported that 2023 saw a record 600,000 units shipped, indicating a growing trend towards mobile living and vacationing1. This rise in interest is driven by the increasing desire for flexible travel options that allow for spontaneous and socially-distanced adventures.
Consider Julie and Tom, a couple from North Carolina who dreamed of cross-country road trips but couldn't justify the upfront cost of an RV. They discovered RV loans as a feasible solution, enabling them to spread the cost over several years. With manageable monthly payments, they were able to purchase their ideal RV and embark on memorable journeys, from the rolling hills of the Blue Ridge Mountains to the majestic Grand Canyon.
Telco Offers Recreational Loans for North Carolina Residents in 21 Counties
This type of loan not only makes RV ownership accessible but also opens up a world of travel possibilities. Whether you’re a retiree looking to explore the country, a family seeking memorable vacations, or an adventurer wanting to embrace the van life, an RV loan can make your dreams a reality.
With numerous financing options available, understanding how RV loans work can help you make an informed decision and get on the road faster. So, buckle up and dive into the exciting world of recreational vehicle loans!
One of the best things about living in North Carolina is the wide variety of outdoor adventures and wilderness campouts, beach trips, and small-town fun you can have just a couple hours from home. With our recreational loan products, you can choose your own adventure, and then make the purchase that's right for you. Our recreational and personal loans can be applied to a wide variety of purchases including
- RV's
- Campers
- Boats
- Motorcycles
North Carolina Residents: A New Boat, RV, Camper, or Motorcycle could be closer than you think... Apply Today!
Once you decide which kind of recreational vehicle is right for you, it's time to start shopping! Put yourself out there and get an idea of what type of RV, camper, boat, or motorcycle is right for you. New? Used? We offer loans for both. Make sure you shop around to determine an appropriate price range. Many recreational vehicle dealerships require you to have an approval in-hand when you’re ready to purchase. We offer quick turnaround times on our recreational vehicle loans, to get you adventuring quick! Once you have a price in mind and you apply for a recreational vehicle loan, we’ll check your credit score and income to help you decide which loan product is right for you.
On the Lot? Ask for Telco Financing!
We strive to keep the process as simple as possible while also ensuring we’re considering all factors, so you don’t set yourself up for failure later. Once approved, you can continue with the process of buying your dream recreational vehicle! Let your dealership know you want to use Telco as your lender.
At Telco Community Credit Union We Put Our Members First
We always strive to build a relationship with our members. So while your credit score, income, and cost of the recreational vehicle affect your APR (annual percentage rate), we always strive to offer you the best rate possible. Credit union rates often save members thousands of dollars by the time a loan is paid off, in comparison to bank loans. But, having your best interest in mind also means having a conversation about what you can truly afford. For example, a used camper may be a better option for your personal investment, even if the newer camper is the one you originally had your eye on. Let’s get you out on the road, and on to the next adventure!
Click Here For Telco Recreational Vehicle Loan Rates CLICK HERE and Apply Online TODAY!
Copyright © 2024 Telco Community Credit Union
All Rights Reserved.
« Return to "Blog and Podcasts"