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Everything posted by moneymakers
government to the rescue is right. i think this is pandering to voters especially in an election year. the lenders are completely responsible for this and now they are asking unlce sam to bail them out. the market should takes its course but like always we pass the bill to our kids!! this makes me sick!!
IMO, I would say that they haven't gotten a bank to approve the loan, yet. My experience was with a lease where the dealer told me that the finance was approved but then they called me back and asked me to come back to the dealer to have another lease signed with a $20 increase. Mind you I already had the car for 2 weeks. Dealers will aggressive sell the car and aggressively chase any finance institution to get the loan through.