Good News For Car Buyers

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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 financial, which was formerly known as GMAC will continue to finance the loans for the buyers who have good credit.