Thread: first ford, now chrysler? What did they think 0% APR would do??
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Old 01-24-2006, 02:43 PM  
After Shock Media
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Join Date: Mar 2001
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Quote:
Originally Posted by RedShoe
what do you think will happen to the housing market? Could this be a precursor? They lowered the interest rates and then everyone went out and bought houses. they lowered them even more and told everyone to refinance. So they did. They took out 40K...60K.... 80K CASH OUT options. Now they have super high mortgages, and if they worked at a car company... they're fucked.
They will start a new breed of Americans. A group of nomadic wonderers who live in their overpriced gas guzzling SUV's driving state to state avoiding the credit card companies.
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