Tuesday, October 13, 2009

Does anybody have problems getting an auto loan because of credit issues in the NJ, NY, PA, CT area?

Doesn't everyone have a problem getting an auto loan because of poor credit issues. I say poor because if the credit wasn't it wouldn't be an issue for those who give credit.



Does anybody have problems getting an auto loan because of credit issues in the NJ, NY, PA, CT area?

It really depends on your credit score. We place customers with lendors in those areas all the time. Every lendor rates loans by what is called the repo index. The higher the repo rate in an area the tighter the lending.

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