<prompt> Human: I am in the process of trying to buy a class B motorhome. My dealer tried to get me financing, but every bankcredit union he tried wouldnt give me the loan because my credit depth was too low, and I didnt have enough of a history paying off high dollar items. I got my first car 5 years ago and my first housing situation where I had my credit run and paid towards a apartment complex 5 years ago as well. I have never had a late payment, I make plenty of money a year, I am putting almost 15 down on the vehicle, and yet no one will give me a loan because of my credit depth, despite having a house, and two cars. So here is my question. My dealer got me one deal but the interest rate was 8.5 regular RV loans are around 5.59resulting in a payment that is almost 175 a month higher than what I would like it to be. But he said if I take the super high interest rate loan, and pay it for about 6 months, that I can refinance and I will have a lot of banks that will give me a loan with a lower interest rate because it showed that I can make this payment. But I dont know if my dealer is just trying to make a deal, and then when try to refinance, I am in the same spot and stuck paying a super high interest rate for what could be years. Has anyone had a similar situation? I tried my local credit unions that my cars are financed through, but they either dont do RV loans, their interest rates are just as high, or they dont do a term as long as I want 15 years. Any insight to this situation would by much appreciated.  <response>: But he said if I take the super high interest rate loan, and pay it for about 6 months, that I can refinance and I will have a lot of banks that will give me a loan with a lower interest rate because it showed that I can make this payment.There are multiple posts per day in this sub where people were told exactly the same and they are here 6 months after wondering why they cannot refinance their loan. But I dont know if my dealer is just trying to make a dealCorrect I am in the same spot and stuck paying a super high interest rate for what could be years.This is the likely outcome. 