Libertarianism is what your mom taught you: behave yourself and don't hit your sister.
Dr. Kenneth Bisson

Nothing Says They Have Learned A Lesson Like GMAC Lowering The Credit Requirement From 700 To 621

By: Pam On: Dec/31/08 - 2 Comments

As we are still reeling from the subprime credit crisis,  GMAC said it would relax credit requirements to allow loans to 80 percent of U.S.

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Posted on: December 31, 2008 |

Posted in: Automotive Bailout, Subprime Crisis

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2 Responses to “Nothing Says They Have Learned A Lesson Like GMAC Lowering The Credit Requirement From 700 To 621”

  1. Thomas Paine
    January 1, 2009 - 09:13 AM on January 1st, 2009

    People have lower credit ratings now.
    If they don’t lower the credit rating requirements, how are they going to ruin the lives of more Americans?

  2. Fred Dawes
    January 1, 2009 - 04:27 PM on January 1st, 2009

    this is funny i have had 3 new car in 40 years each one i paid cash for my new one is a KIA By Ford yes people Ford owns KIA Maybe you didn’t know that fact? and you do know who owns the jap cars right? Ford makes over 50 bill a year from the U.S And world auto market.

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