Are There Loans Available?
I keep hearing that the bad economy is causing lenders to stop giving out money. What I am not able to understand, is why there is still a lot of advertisements for Car Loans. It seems like, at least once or twice a night, I see a car salesman talking about getting financing for anyone. If the lenders are not lending, where are all these loans coming from? I desperately need to purchase a car in the next year or so. I do not want to wind up with a high interest rate. I need to find out when it is in my best interest to try and secure a loan.
