Chevrolet Corvette Stingray C7 Forum - View Single Post - Well, It looks like the government won't help GM

kanakattack · 11-13-2008, 04:07 PM

Another thing to think about is even if the auto companies get some financial relief, how many people would be able to qualify and get a loan to purchase a car in this economy. Without the help of banks to free up more of their monies for loans that don't require a credit rating of 700 or over the auto companies would be doomed.

11-13-2008, 04:07 PM	#26
kanakattack Drives: wife's xterra Join Date: Oct 2008 Location: Hawai'i Posts: 98	Another thing to think about is even if the auto companies get some financial relief, how many people would be able to qualify and get a loan to purchase a car in this economy. Without the help of banks to free up more of their monies for loans that don't require a credit rating of 700 or over the auto companies would be doomed.