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The iron grip of the credit giants tightens around you as Jay and Gerald delve into the dark days ahead for auto financing. Once easy money that flowed as freely as water now slows to a trickle as lenders ratchet up qualifications to a level not seen since the Great Recession. "Pristine credit and money down" are the stern warnings from on high that ring in your ears. The good old days of easy auto loans are dead and gone as the credit crunch descends with a vengeance, leaving potential buyers struggling mightily to stay afloat in stormy seas of stringently approved auto financing. Will that long-desired car remain out of reach? Tune in to hear the cold hard facts on batten-down-the-hatches lending practices in a credit crunch era.
