DealershipForum.com - View Single Post - Has CFC been buying more deals since the $1.5 Billion infusion?

XDCX · 01-28-2009, 09:43 PM

I just noticed that it's been almost two weeks since word leaked out that CFC would receive $1.5 Billion in TARP money.

Chrysler's press releases stated that they'd be using the money to support their dealers and finance vehicle sales. Jim Press even suggested that there would be money available for customers with credit scores from 621+.

Are they living up to their word and buying more deals?

Are they supporting the 621+ customer or are the rates still too high?

01-28-2009, 09:43 PM	#1
XDCX Administrator Join Date: Nov 2007 Posts: 14,869	Has CFC been buying more deals since the $1.5 Billion infusion? I just noticed that it's been almost two weeks since word leaked out that CFC would receive $1.5 Billion in TARP money. Chrysler's press releases stated that they'd be using the money to support their dealers and finance vehicle sales. Jim Press even suggested that there would be money available for customers with credit scores from 621+. Are they living up to their word and buying more deals? Are they supporting the 621+ customer or are the rates still too high?