According to this article http://news.investors.com/article/620090/201207271807/gm-risky-subprime-auto-loans-fuel-sales.htm
most of the vehicle loans made by GM Finance are being made to buyers that have
a credit score of less than 660, the break point where loans fall into the
subprime category.
Isn’t that (subprime loans) a large part of what caused the current financial
problem and isn’t that what we wanted to stop doing?
GM spokesperson Jim Cain offered the following statement "Our experience, however, is that with proper management
they are very good risks."
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