View Full Version : Credit crunch hitting?

08-29-2007, 10:07 AM
Has a credit crunch hit you or someone you know?

Credit crunch cools demand for automobiles (http://www.msnbc.msn.com/id/20393888/) - Just when the U.S. automotive sector looked to be getting its legs underneath it after a years-long slump, another stumbling block has come along to knock it off kilter the credit crunch.

The ongoing pain in the housing sector including higher monthly payments for some owners and declining home values for others is persuading many Americans that buying a car is not a good idea right now, according to market research company CNW Marketing Research.