Sean McClain

speaker

69 appearances 1 recordings 1 series first heard Feb 2023 last heard Feb 2023

Sean McClain’s voice in public audio — every appearance, attributed to the second.

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WSJ Your Money Briefing · Sticker Shock Keeping Car Buyers on the Sidelines · 7 Feb 2023 podcast

And one person I talked to are people who do credit union lending, and they're seeing their business shoot way up.

And the reason for that is that their interest rates are significantly lower than what you're going to get from a bank.

And so there is a way, look, it's not going to be three and a half percent, but it's significantly lower than the seven and actually now probably pushing closer to eight, depending on who you're talking to.

Everybody is facing higher costs of living across the board.

Living in America, you need a car.

So a lot of people stretch themselves more than they do in other areas of the world to purchase that vehicle.

But that doesn't mean you have to pay 7%, 8% interest rates on your vehicle.

There are other options if you shop around.

Thanks for having me, JR.

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