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Old 07-30-2012, 09:10 AM   #25
Rcfiddy1
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Drives: 2010 Rally Yellow 2SS/RS #37115
Join Date: Oct 2009
Location: Manalapan, New Jersey
Posts: 2,019
I may be wrong here but isnt GM Financial GMs own loaning service? Now if this is true than all you doom and gloom fox haters need to smarten up. They just stated GM is lending people who probably cant pay off the loans. Theres no agenda there just facts and reason to why this country is in the hole we are in.

"GM Financial is a wholly-owned subsidiary of General Motors Company. Ally (formerly known as GMAC was a subsidiary of GM, prior to its disposition by GM in 2006), is a bank holding company that also provides financing products to auto dealers. GM Financial and Ally do not have a mutual majority shareholder, nor is one company owned by the other."
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