Quote:
Originally Posted by Dragoneye
In what context was he referring to?
Right now, loans are difficult to get as banks are hoarding money out of fear, and raising loan requirements drastically (credit score, etc). That's part of the problem the Big Three are having right now.
If they've finally managed to free some of these loans up...then that's good news.
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well you know how the news is, they just give you a quote and leave it at that, let us decide what it meant. I hate news reports especially those little 5 minute blurbs they give on the hour on the radio. I am not sure what he meant, but I think the banks still need to be sure of who they are loaning money to and their ability to pay it back...