Just bought a 2005 Chrysler 300C with $1,000 down, and a 6.5% interest rate for 60 months. There are loans being made out there folks.
“Just bought a 2005 Chrysler 300C with $1,000 down, and a 6.5% interest rate for 60 months. “
There shouldn’t even be financing on cars.
Save your money and pay cash.
Of the more than a dozen cars that I’ve owned I paid cash for every one of them.
You are correct. My wife and daughter work in the mortgage industry. Mortgages are to be had as well. However, borrowers must be more credit worthy than just a few months ago. Also, banks that have not engaged in much sub-prime business are better positioned to make loans. Thus, there is not as much credit available as there was and as a result credit risks are having a very difficult time getting more credit.