Bankruptcy bad credit auto loan
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 crisis hits auto sales (Detroit News)
U.S. auto sales plunged nearly 27% in September to less than 1 million vehicles as the credit crisis kept many would-be buyers from getting loans and the Wall Street meltdown further undermined consumer confidence.
No Credit Crunch at LeaseCompare.com, Where Auto Leasing and Financing are Still Strong (The Auto Channel)
CINCINNATI, OH. Oct. 1, 2008 - LeaseCompare.com, the leader in online direct-to-consumer auto leasing and financing, today announced that it has the financial resources to provide loans and leases for consumers and businesses.
US AUTO SALES TO HIT 15-YEAR LOW (New York Post)
DETROIT - Automakers are expected to report that US auto sales fell in September to about a 15-year low amid uncertainty over a potential Wall Street bailout and tight credit, which has made it more difficult for potential buyers to get car loans…
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.
