RV Title Loans Versus Car Title Loans

RV-parked-with-family-outsideAre RV Title Loans The Better Option?

RV owners are people who like to travel in a unique way. Whether you use your RV locally at a campground every weekend or two or you take long-term trips across the country over summer break, taking trips in your RV likely reduces your stress and is something you thoroughly enjoy. If you have an RV, you might have considered selling it to help you with other finances. The good news, if you really want to keep it, you could get an RV title loan to help you buy it. You can still use the RV in the meantime without turning it over while you pay off the loan! Is that a better option than a car title loan? Here are a few reasons why it might be for you:

RV Title Loans Are Often Worth More

Depending on what type of RV you have and what kind of shape it is in, it might be worth more than your vehicle. If you need a larger amount of cash, an RV title loan could be a good fit for you. You can get more money from an RV title loan to pay off other things that take priority.

The RV Isn’t As Essential

You have to have your vehicle to drive you to and from work and other places. Your RV, while it is something you love and enjoy, isn’t quite as essential to your daily life. You might feel more comfortable putting it on the line as collateral over a vehicle you use on a daily basis.

Get The Money You Need And Continue Vacations

It’s nice to know that while you have the title loan on your RV, you get to keep the RV in your possession and continue to use it. You don’t have to cancel any vacations or other plans you have that include the RV. This is similar to the car title loans, but you might find it important to move forward. You can store your RV at your own home or use it however you want during the process.

Securing RV Title Loans

If you’ve decided you want to move forward with an RV title loan, you will have to have a valid ID with you when you apply. You should also bring in proof of your income, like pay stubs, bank statements or other such items. You will need proof of insurance, your vehicle’s registration, and a completed application. Once everything is in order and the RV goes through an inspection to see how much it’s worth, you can get the money you need for whatever cause you need it.

Where Can You Get RV Title Loans?

Not every loan company provides RV title loans, but Champion Financial Services does. Bring your paperwork and your RV to us and we’ll get you processed as quickly as we can so you can be on your way to your next RV adventure with the cash you need!

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