AmeriCredit

As GM Dips Back Into Subprime Lending, Will The Deals Get Better?
Bengt Halvorson By Bengt Halvorson

As GM Dips Back Into Subprime Lending, Will The Deals Get Better?

07/23/2010

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...

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