Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
RV dealer Loans are available from CUs
RENO, Nev. (8/26/10)--The owner of a Reno, Nev.-based recreational vehicle dealership wrote an op-ed piece to correct the impression that credit is tight and rates are soaring. She's seeing more banks starting to lend now and said "credit unions have never stopped lending money." Laura West, owner of Sprad's RV, wrote the item in the Reno Gazette-Journal (rgj.com Aug. 25) in response to the closure of another area RV dealer, who attributed the closure to tight credit and soaring rates, which West called "nonsense." "Banks are lending. In fact, they call us weekly asking for more business," she said. "While it is true that for about 16 to 18 months the national banking industry tightened up and loans were harder to come by, the local credit unions never stopped lending money. And now the national lenders are playing catch-up," West said. She adds that one can get an RV loan for as low as 6.49% based upon a good credit score.
Other Resources

RSS print
News Now LiveWire
#FreeGasFriday courtesy of @tvfcu, TN #creditunions http://t.co/wDRFYJVlpz
19 hours ago
If you were unable to watch or attend @cuna 's @thehill Hill forum on Wed., you can now watch the archived version: http://t.co/FhUnp7HbU8
20 hours ago
Time is running out. If you haven't taken the #NewsNow readership survey, please click here now: http://t.co/4Gp6C2Wa4o
20 hours ago
African financial inclusion possible with mobile money: @IMFNews study http://t.co/0V5DTQToxY
21 hours ago
Louise Herring's birthday is Saturday. 105 years later, her legacy lives on through her kids http://t.co/oMqGADmo0d http://t.co/T3NmS9NqEY
22 hours ago