Lousy Credit? Need a Car Loan? No Problem!

Date: Jul 31 2012

Filed under: Credit, Autos

New car loan
The fallout from the 2008 financial crisis still plagues would-be borrowers. Banks are still being pretty stingy about extending credit these days. Credit cards aren’t nearly as easy to get as they were a few years ago. And ordinary folks are finding that only borrowers with high credit scores are being considered for a mortgage.

But there’s one big exception, and it may be having a big effect on the economy: auto loans.

U.S. auto sales haven’t yet returned to their pre-recession highs, but…

Lousy Credit? Need a Car Loan? No Problem! originally appeared on DailyFinance.com on 2012-07-30T14:19:00Z.

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