0% Chrysler & Dodge financing
0% Chrysler & Dodge financing
.0001% of the bailout seems to finally benefit the end consumer
http://money.cnn.com/2009/01/16/news...ion=2009011614
http://money.cnn.com/2009/01/16/news...ion=2009011614
And less than 5% of people probably have a high enough credit score to qualify for interest free loans . That's real security for the government . Most buyers have upside down loans when they drive off the lot . What happens when they default ? The only security on an interest free loan is a car worth much less than is owed on it . Real smart move on the Treasury's part there .
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