Recreational vehicles, more commonly called RVs help give us a combination of transportation, living accommodations for travel and recreation, and camping. There are many RV aficionados all over the country and this is why RVs cover a wide variety of tastes, interests, and budget ranges. Depending on your RV loan, you can buy affordable folding camping trailers that can be priced at a few thousands of bucks or there are high end luxurious motorhomes that can give you all the comforts of home but it comes with a price tag to match too. Having a basic understanding first of the types of RVs and the features that they offer can help you spend RV loans wisely so you’ll know which one fits you, your needs and most importantly your budget. Let’s focus first on towable RVs because they usually are more affordable.

Travel Trailers is the first type of a towable RV. This may come in different shapes and sizes that range from a single bedroom on wheels about 10 feet long; to those that is like the equivalent of a class A motorhome up to 35 feet long., only that it doesn’t have an engine and transmission. Travel trailers need to have a separate tow vehicle which is usually a pickup truck. To quickly extend its living space, many of travel trailers feature a slide out.

Folding Camping Trailers are next on our list of towable RVs. These are usually inexpensive as compared to its counterparts. They are sometimes referred to as pop-up or tent trailers. Folding camping trailers are designed to be lightweight and affordable and be able to provide all the convenience that you need that other trailer types can provide. A typical mid-sized car can usually do the job of towing a folding camping trailer because of the latter’s relatively small size. There are even some cases where a compact car can get the job done.

Fifth Wheel trailers are those that are more similar to larger travel trailers. This type of trailer has an extension on the front of the box that extends over the vehicle towing it. It is called a fifth wheel because of its horizontal plate that looks like a wheel. Fifth wheel trailers require a special kind of equipment on the tow vehicle because of its hitch arrangement. Full-sized pickup trucks are typically used to tow fifth wheels and they need to be outfitted with a hitch designed for the task.

Lastly, we have what we call truck campers. This refers to the pickup or slide on campers that is made of a camper body that is loaded onto the bed of a pickup truck. The camper unit is clamped to the truck as the tailgate of the latter is removed. This is one of the most popular among weekend RVers because truck campers can be easily loaded and unloaded from trucks.

Be sure that you know for sure what your needs are and how much you can afford for your RV credit before you buy the RV that fits you and your family’s needs.

Author's Bio: 

Rachel Schwartz is the Marketing Manager of BHM Financial - one of the most trusted names in the bad credit loan industry. This company may be able to help you reach your financial goals. Please visit our Bad Credit Loan website or our Blog and find out today.