RV Loan Defaults and Legal Rules for Forged Signatures

Defaulting on an RV loan can lead to repossession and severe credit damage. Understand the legal ramifications when a spouse forges a signature on financial documents.

Young Girl Directing Her Father as he Reverses a Motor Home into a Parking Space in a Field

What Happens When You Default on an RV Loan?

Published Jun,13 2017 | By Rose Kivi

Defaulting on an RV loan has serious consequences. Besides losing your RV, your credit score is affected negatively, and you will most likely still owe the bank money. It is best to avoid defaulting on your RV loan. To avoid default, first contact the lender that holds the loan.