Think about it: Zero percent financing has long worked as an incentive in the auto industry.
If this zero percent financing was available for refinancing, "demand would surge to the point where banks, titles companies and appraisers would be over capacity and understaffed. In theory, hiring would increased to meet demand."
Excerpts from article by Amy Hoak, WSJ
Answer by Kari126 at 10:03 PM on Oct. 3, 2010
Answer by Erica_Smerica at 11:49 PM on Oct. 2, 2010