First time to this forum, so let me say 'hi' from the midwest :)
Question: I would like to buy a horse trailer in the 10K or so range, but need to do so by taking out a loan. I have dented credit due to an ill son a few years ago (and insurance covered very little because it was a psychiatric diagnosis), and now I'm helping another son thru college with loans. How hard is it to get a loan for a trailer? I'm not looking for a high end trailer, just a 3 or 4 horse slant load with a small LQ that's solid and dependable.
I had a really nice 3H GN with a large DR, but had to sell that to pay the college bills last month because we were counting on our son being able to get more financial aid. (It's his first year and we had no idea what to expect and getting financial aid is not easy with dual incomes.) It's not a matter of me being able to afford a monthly payment, cause I make great money, but having the available credit is an issue. We still have three kids at home, so even though my husband and I have stable jobs, we're not rich by any means.
Can anyone share their thoughts? Thanks so much.