Submitted by CharityE on Tue, 07/27/2010 - 6:02am.
It is good news knowing that it is easier to get car loans now. Easier car loans benefit subprime borrowers at a time when more Americans than ever have low credit scores. More cars could be sold with this credit market. Auto lenders are happy with more cars being sold. And selling more cars is good for a U.S. economic recovery that is trying to gain momentum.