My own finances have been through a roller coaster. As you know, I've been through a home foreclosure. Things are rather better now, and my credit is fine. But I couldn't guarantee a car loan for one of my kids at anything like an interest rate I was willing to consider. Even at the bank we both use, and even with rather more cash in that bank than we asked to borrow.
We couldn't even find an acceptable deal with both B and I co-signing the loan. That was last winter, and my first sign of the credit crunch.
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Date: 2008-09-25 07:05 pm (UTC)We couldn't even find an acceptable deal with both B and I co-signing the loan. That was last winter, and my first sign of the credit crunch.
K.