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?
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...