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To: Desron13
WTH? if i hear this LIE one more time my head will explode. there is PLENTY of credit to be had, if you have a good to excellent credit rating, and the ability to PAY. hell, you can have a moderate credit rating and still get a credit card, you will just pay a higher interest rate!
what he is purposing for the car industry is what fanny and freddie did to the mortgage business. no money down, bad credit, no credit, no problem, sign here.....
oh it will sell cars, lots of them and in a few years we will have to bail out all the deadbeats that purchased escalades and hummers. yet another credit crisis waiting to happen. have they not learned a damn thing from this one?
every day i got to toss out some bank seeking me out to offer me credit. if you cant get a loan, it is probably due to very poor credit or a inability to pay. when did having a brand new car become a right?!!!
15 posted on 11/19/2008 6:34:37 PM PST by CanadianMusherinMI (drill baby drill/mine baby mine!)
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To: CanadianMusherinMI
"every day i got to toss out some bank seeking me out to offer me credit. if you cant get a loan, it is probably due to very poor credit or a inability to pay. when did having a brand new car become a right?!!!"

I have never owned a credit card. In my opinion, they are one of the great scourges of the modern world. If you cant do with a debit card (and I'm starting to worry about those), you need to reduce your expenses. PERIOD!

25 posted on 11/19/2008 6:43:33 PM PST by Desron13 (If you constantly vote between the lesser of two evils then evil is your ultimate destination.)
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To: CanadianMusherinMI
They don't want to make buying a car a right. The want to make making and selling a car a right.

No one in his right mind would finance a new car even if he can get credit out the rear, only to have it repo'd within a year when he loses his job, and then be responsible for the difference between what he owes and what some wholesaler bought it for.

What the Big 3 want is sales like they had before the mortgage crisis and gas crisis. Who doesn't? Not happening. Ever.

38 posted on 11/19/2008 7:33:13 PM PST by informavoracious (It's after midnight, I'm FReepwalking...)
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To: CanadianMusherinMI
WTH? if i hear this LIE one more time my head will explode. there is PLENTY of credit to be had, if you have a good to excellent credit rating, and the ability to PAY

EXACTLY!

49 posted on 11/19/2008 7:49:19 PM PST by kcvl
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