Car loan crunch squeezes customers and dealers (Miami Herald)
If your credit is less than perfect, good luck getting a car loan in South Florida. Like mortgages and business loans, car loans and leases have shriveled up as the paralyzed credit market awaits the effects of a $700 billion bailout. Both customers and carmakers are being squeezed, with crippled giants GM and Chrysler discussing a merger.
Read more...
|
