GMAC Now Accepting Car Loan Applications From Consumers With Credit Scores Less Than 620
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Bad credit car loans

GMAC Now Accepting Car Loan Applications From Consumers With Credit Scores Less Than 620

After GM’s announcement yesterday it will cover auto loan payments for nine months if buyers…

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Dealers Complain That GMAC Bailout Hasn’t Helped
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Daily auto finance news

Dealers Complain That GMAC Bailout Hasn’t Helped

When GM dealers heard that GMAC, the financing arm of General Motors, received $5 billion…

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GMAC’s Lower Credit Score Requirement Gives Dealers Increased Sales
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Bad credit car loans

GMAC’s Lower Credit Score Requirement Gives Dealers Increased Sales

It seems now that GMAC has lowered its minimum credit score and made auto financing…

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GMAC No Longer Exclusive GM Lender
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Daily auto finance news

GMAC No Longer Exclusive GM Lender

GMAC has lost its exclusive rights to offer low-interest loans to customers who want to…

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GMAC Lowers Minimun Credit Score From 700 to 621
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Bad credit car loans

GMAC Lowers Minimun Credit Score From 700 to 621

GMAC, GM’s financing arm, has lowered its minimum credit score requirement to 621, meaning more…

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