Auto loan for people with bad credit
Sept. 30 (Bloomberg) — President George W. Bush signed into law today legislation providing the auto industry with $25 billion in federal loans, lifting an offshore oil-drilling ban and funding the government until the next administration.
TRW, Lear May Tout Steering, Parts to Get Auto Loans (Update2) (Bloomberg)
Sept. 30 (Bloomberg) — TRW Automotive Holdings Corp. , Lear Corp. and other auto-parts suppliers may tout their fuel-saving battery and steering components to get a chunk of the $25 billion in auto loans the U.S. government approved last week.
Toyota offers interest-free loans on 11 vehicles (Reuters via Yahoo! News)
Toyota Motor Corp is offering interest-free loans to U.S. consumers across most of its lineup in a rare move that follows a surprising 32 percent slide in its U.S. sales in September, its steepest drop in decades.
US Rescue Plan Could Help Auto-Loan Cos - Rep. Barney Frank (Nasdaq)
WASHINGTON -(Dow Jones)- The chairman of the U.S. House Financial Services committee said Friday that ailing auto-loan companies will qualify for aid under the government’s $700 billion Wall Street rescue plan.
Auto dealers find loans are harder to get (The Tennessean)
The worsening credit crunch has automobile dealers scrambling to find loans for their customers, and some banks that offer auto credit are basing loan decisions on the size of the vehicle and its fuel economy, dealers say.
Credit woes: More than home loans (CNN Money)
Mortgages aren’t the only loans in line for a government bailout.
