Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

Skip to comments.

Auto Loans Part of Financial Bill (VIDEO)
Video ^ | 6/26/2010 | Video

Posted on 06/26/2010 12:45:46 PM PDT by wrrock

While Washington has been consumed with fallout from the oil disaster, the big financial reform bill has been quietly making its way to final passage, and it turns out there's a lot more in there than just regulations for Wall Street. Car loans could be regulated in the same way banks are regulated.


(Excerpt) Read more at ...

TOPICS: Business/Economy; Military/Veterans

1 posted on 06/26/2010 12:45:54 PM PDT by wrrock
[ Post Reply | Private Reply | View Replies]

To: wrrock

What does this mean? Banks and car companies must give new car loans to people with bad or no credit? This will be just like the crap that destroyed the housing market only on the automotive scale?

2 posted on 06/26/2010 12:50:53 PM PDT by Extremely Extreme Extremist (Mexico is the U.S. version of Hamas)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Extremely Extreme Extremist
What does this mean?

Than a destructive political agenda is in play and has been since 11/2008.

I have young people who work for me who laugh about having a bad credit rating because of intentional default on loans.

They think it's nothing more than a game that has no repercussions for breaking the rules.

Me thinks they are right any more...

3 posted on 06/26/2010 1:12:40 PM PDT by EGPWS (Trust in God, question everyone else)
[ Post Reply | Private Reply | To 2 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794 is powered by software copyright 2000-2008 John Robinson