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GM Looking To Offer More Loans To More Customers

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Old 06-24-2010, 01:30 PM
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Default GM Looking To Offer More Loans To More Customers

When General Motors sold off control of GMAC, it lost more than its in-house financing arm. It lost the ability to offer loans to a broad range of consumers, particularly subprime borrowers. As a result, GM also lost market share. Now, the automaker is chatting up two major Wall Street players -- Chase and Wells Fargo -- to remedy that situation...





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