Is it true that GM is going to lend money to people with less than stellar credit...

  • Thread starter Thread starter epic_laydown
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epic_laydown

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...to buy their cars? GMAC, the finance arm of GM, is going to lend money to people that don't have the best credit. Ummm isn't that what the credit crunch crisis was? What is up with that?
 
to control people first you have them in a state of fear - - - terror alert anyone?

second you get them into debt they cant afford so they have no power
 
You can thank the politicians for that one. That was one of the demands that was required to get the bailout money.

When the car payments aren't being made and GMAC is in the red I guess the government will bail them out once again.

These bailouts need to stop and people and corporations need to be responsible for their own debts.
 
No they are going to sell you cars at same prices they sell them to employees, and believe me that is one heck of a deal, some yrs back we bought a Denali pick up truck for like 11,000 dollars because my uncle worked for GM.

Gm can afford to lend dead beats money. they are already loosing money because of forgien car sales
 
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