Monday, October 13, 2008

Squeeze hits car loans; Local dealers say funds available for good credit (The Pantagraph)

The era of easy auto loans is skidding to a halt. Mortgages were among the first consumer products to be hit by the credit-market freeze. Now car loans and leases are drying up as dealers, auto-finance companies and other lenders are having trouble finding money to lend to car buyers.

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