August 30, 2010
Auto lenders are responding to the bad economy by loosening up a bit. More and more people with problematic or blemished credit are able to get car loans these days, and that is especially true with the new-car loans. The average amount financed on vehicle purchases is also increasing. While lending standards are still much [...]
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July 28, 2010
If you want to buy a car and you can’t pay cash, there is good news for you. General Motors, one of the big three American automakers has said that it will acquire the auto financing company Americredit Corp so that it can increase the leasing and sales to buyers with lower credit scores. Ally [...]
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