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Posts: 157
GM is buying AmeriCredit. Why? So it can make more loans to high risk borrowers. -- (link)
Posted by
TWuG
Jul 22 '10, 11:10
(No message)
http://www.latimes.com/business/la-fi-autos-gm-credit-20100723,0,6891621.story
(www.latimes.com)
Responses:
hey, c'mon. it worked out great for gmac. only took $17 billion to bail it out....nm
-
xi
Jul 22, 11:13
i've always wanted to pay 25% interest on my car loan but never had the chance before. thanks GM! -- nm
-
chuckles
Jul 22, 11:10
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