Lenders relax their standards for those with flawed payment
histories
Worried that your less-than-perfect credit is going to keep you from
buying the car you want?
Don't be.
Chances are you will be able to land an auto loan. Today, banks,
credit unions and finance companies are all making loans to people
with flawed credit. Many people who wouldn't qualify for an auto
loan five years ago can get one now.
"They've loosened credit standards to the point that anyone
can get a car," said Art Spinella, vice president of CNW Marketing
Research in Bandon, Ore. "It's banks. It's finance companies.
It's everybody."
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the full article at CNN™ Money
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