GM heading towards a sub prime loan problem?
Looks as though they have been allowing sub prime loans more than other auto makers http://money.msn.com/investing/post--is-gm-headed-for-another-subprime-loan-crisis
Forum Discussion
Simple. If the credit arms of the manufacturers didn't lower the bar on financing (both credit scores and lengthier finance terms)they wouldn't be able to sell anything. Cash buyers? Few and far between in the overall market I suspect........
