GMAC Financing To Make Credit Access Easier
… applicants as it desperately tries to fight off bankruptcy.
The article said:
GMAC, which provides financing to both General Motors Corp. dealers and customers, is waiving through June the fee for posting aging vehicles on its online site. It is also allowing some dealers to postpone wholesale interest charges for two 30-day periods over the next four months.
At the same time, the company said it is setting aside $5 billion for consumer loans over the next 60 days and …
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