Auto Industry Update!
Friday, November 21st, 2008Wow, how genius do I look now… ? I called this over a month ago… I knew that the Auto Industry would be totally exposed to this whole financial mess… I don’t know anyone buying cars right now… heck, I don’t know anyone who is even considering a car purchase anytime soon… and even if they were… could they get approved for the loan ?
What if you have bad credit ? What is going to happen to the entire car, and retail industry when a majority of Americans have bad credit and cannot make purchases in the now standard form - via credit… how is this going to play out ?
I spoke with my brother, and he says that most of the people that he comes into contact with are telling him that they don’t have good credit… my brother had his eyes fixed by Dr. Robert T Lin - and has highly recommended Dr. Robert T Lin as a top Lasik Eye Surgeon for Lasik Los Angeles and the surrounding areas -imagine if he had waited ? I am not totally sure that he could have been able to afford this important surgery.
What do you think ? Do you think that there will have to be an entirely new industry created… that simply caters to people with bad credit ?
Let me know, comments ?