If there is not going to be a regular bank lender for their car loans they are simply going to go to those lenders that are ready to do it.  The lending industry is definitely in a shake.  The current situation is not good for lenders or borrowers.  If the government is going to impose too much restrictions on the bank, the banks are going to find it difficult to continue the lending, and if the banks are going to refuse car loans or other loans on strict grounds people have learnt to go with private lenders for their money needs like car loans or personal loans, and that can be even threatening!  The lending industry needs some kind of optimization.

Well it is too late of a realization about how imprudent they were with the sub prime car loans in the past, imposing very expensive interest rate towards the fees for the cars and stuff. But too much of coercive nosy pokiness from the government in the car loans and mortgage sector places too much hurdles in way of the right to borrow.  The government either over does what they are doing or they never do anything about it.  They slap things all of a sudden.

Well, with all the pros and cons starting to operate equally after the recent blow of the interest rate on the many loans by the government, there is a need for an emergent task to make sure to save the financial market from getting too crippled.  Having the banks cripple can have difficulty with being able to distribute money from the people with plenty to those that are desperately and genuinely in need of money! Well, whoever is able to win the consumer confidence is going to win and that sets the trend for the next wave of financial drama in the loan industry.