When is all the credit supposed to dry up?

[AlCzervik]

because i keep seeing commercials for things, big things like cars and shit for 3.9% financing, all kinds of cars and furniture and appliances.

[DontTreadOnMe]

1. Opening Bell Tomorrow

...look for a 500 pt drop in the first 15 minutes.

[dkofos]

2. As soon as Paulson tells them that the BAILOUT is a lost cause.

[whistle]

3. They mean credit for the Wall Street investment bankers, the gamblers

[AlCzervik]

4. yes but they keep saying the bank to bank lending rate is going way up and that

cosumer's abilty to get credit will be impacted, i've heard many times.

[K Gardner]

5. The catch 22 is: You have to have a FICO score of 720 + to get one of them thar car loans.

[Angleae]

6. Why would they dry up?

It's basically the only thing banks can make money on. Without loans/credit banks would have to rely on large fees on services to even stay in business.

[AlCzervik]

7. don't know, that's the threat i keep hearing. I don't see it happening.