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Credit Crunch: Auto Lending Gets Tighter
Archived series ("Inactive feed" status)
When? This feed was archived on July 14, 2024 04:32 (). Last successful fetch was on June 11, 2024 17:40 ()
Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 402001313 series 2889008
The iron grip of the credit giants tightens around you as Jay and Gerald delve into the dark days ahead for auto financing. Once easy money that flowed as freely as water now slows to a trickle as lenders ratchet up qualifications to a level not seen since the Great Recession. "Pristine credit and money down" are the stern warnings from on high that ring in your ears. The good old days of easy auto loans are dead and gone as the credit crunch descends with a vengeance, leaving potential buyers struggling mightily to stay afloat in stormy seas of stringently approved auto financing. Will that long-desired car remain out of reach? Tune in to hear the cold hard facts on batten-down-the-hatches lending practices in a credit crunch era.
160 episodes
Archived series ("Inactive feed" status)
When? This feed was archived on July 14, 2024 04:32 (). Last successful fetch was on June 11, 2024 17:40 ()
Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 402001313 series 2889008
The iron grip of the credit giants tightens around you as Jay and Gerald delve into the dark days ahead for auto financing. Once easy money that flowed as freely as water now slows to a trickle as lenders ratchet up qualifications to a level not seen since the Great Recession. "Pristine credit and money down" are the stern warnings from on high that ring in your ears. The good old days of easy auto loans are dead and gone as the credit crunch descends with a vengeance, leaving potential buyers struggling mightily to stay afloat in stormy seas of stringently approved auto financing. Will that long-desired car remain out of reach? Tune in to hear the cold hard facts on batten-down-the-hatches lending practices in a credit crunch era.
160 episodes
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