As GM Dips Back Into Subprime Lending, Will The Deals Get Better?
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As GM Dips Back Into Subprime Lending, Will The Deals Get Better?
General Motors today acquired subprime lender AmeriCredit, as part of a $3.5 billion deal that will help extend loans and leases to those with blemished credit. Before you say "here we go again" and work yourself into a frenzy thinking that government-owned GM shouldn't go into the business of selling and leasing cars to those who can't make good...More...
Last edited by Jazz; Jul 26, 2010 at 10:21 AM.
