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Re: GM Auto loans
Posted to Industry Issues Forum on 7/31/2012 2 Replies

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Actually it's a good deal for the lender......but it's a very poor deal for the buyer. The lender gets money for 2% and the sub prime buyer pays 17% annually.

Insane, isn't it? But, then again, it ... Login to read more.

2 Replies Received (View Replies)