Getting an RV Loan: What You Should Expect

Ruben Onsu

An RV’s steep price tag means owners rely heavily on financing. Lenders include online and traditional banks, credit unions and RV dealerships. Here’s what you should keep in mind about RV loans.   

Loan terms are longer. Some RV loans rival home mortgages, with repayment periods ranging from 10 to 20 years for amounts that can sometimes top $500,000. Aim for a loan with the shortest possible term that you can manage.

Lenders are more stringent. The more you need to borrow, the more a lender will require of you, says Gary Ocallaghan, finance director at Gerzeny’s RV World,

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Biden administration explores options for canceling student debt

Ruben Onsu

US President Joe Biden speaks in Pittsburgh, Pennsylvania, on March 31, 2021.

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President Joe Biden has requested that Education Secretary Miguel Cardona prepare a report on the president’s legal authority to cancel up to $50,000 in student debt per borrower, White House chief of staff Ron Klain said in an interview on Thursday with Politico.

“Hopefully we’ll see that in the next few weeks,” Klain said of the memo. “And then he’ll look at that legal authority, he’ll look at the policy issues around that and he’ll make a decision.”

On the campaign

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Ex-Transportation Secretary Didn’t Disclose Foreign Cash Loan : NPR

Ruben Onsu

Former U.S. Secretary of Transportation Ray LaHood admitted to federal prosecutors that he accepted a loan from a foreign billionaire and failed to disclose the check on government forms.

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Win McNamee/Getty Images

Former U.S. Secretary of Transportation Ray LaHood admitted to federal prosecutors that he accepted a loan from a foreign billionaire and failed to disclose the check on government forms.

Win McNamee/Getty Images

Former U.S. Transportation Secretary Ray LaHood took $50,000 from an associate of a billionaire who ran an illegal scheme providing foreign contributions to U.S. campaigns, federal prosecutors said Wednesday.

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The Chances Of Mass Student Loan Forgiveness May Have Just Increased

Ruben Onsu

Borrowers hoping that President Biden will forgive student loans got a boost of hope this week.

Yesterday, White House Chief of Staff Ron Klain

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Biden Wants to Look Into Canceling Student-Loan Debt, Chief of Staff Ron Klain Says

Ruben Onsu
  • Biden is looking into his “legal authority” to cancel student-loan debt, his chief of staff said.
  • Ron Klain said Biden had asked Education Secretary Miguel Cardona to create a memo on the subject.
  • He said the memo would look into both forgiving student-loan debt and canceling it.
  • See more stories on Insider’s business page.

President Joe Biden is looking into his “legal authority” to cancel student-loan debt up to $50,000, the White House chief of staff, Ron Klain, said in a Politico Playbook interview on Thursday.

Klain told Ryan Lizza, Politico’s chief Washington correspondent, that Biden had asked Education

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230,000 debtors with disabilities see relief in ‘a tiny step’ that foreshadows others

Ruben Onsu

The Education Department (ED) announced plans to cancel about $1.3 billion in student loan debt for 41,000 borrowers who had previously qualified for discharge but failed to receive it because of incomplete paperwork and waived certain procedures for another 190,000 borrowers.

“Borrowers with total and permanent disabilities should focus on their well-being, not put their health on the line to submit earnings information during the COVID-19 emergency,” Education Secretary Miguel Cardona said in a statement. “Waiving these requirements will ensure no borrower who is totally and permanently disabled risks having to repay their loans simply because they could not submit

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