What Credit Crunch?
Is there a credit crunch? If you want to buy a house and don’t have any money or a downpayment, well you are out of luck. If you are upside down on your car loan and want to buy a new car and roll the old debt into a new loan, you are also out .. read more
The Big Three?
Via MSN Money: The heads of Ford, Chrysler and GM — once called the Big Three due to their dominance of the industry — went to the Congress seeking $50 billion in federal aid to help them ride out the crisis. “The U.S. government’s actions to help stabilize the credit markets and eventually ease the .. read more
What Credit Crunch?
One of the mysteries of this “credit crunch” is why credit worthy individuals can get credit but large corporations supposedly can’t. I’ve seen a parade of community bankers on CNBC saying that things are business as usual. People with good credit and a sufficient downpayment can get a mortgage. The same is true of a .. read more
