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Gmac Boosts Credit Standards For Auto Loans - Boston Globe
detroit— gmac financial services said monday that it tightened its criteria for consumer automotive financing, citing the continued upheaval in the lending industry. gmac, the financing arm of general motors corp. , said the changes include ...
www.boston.com

Gmac Struggles With Financing
gmac, the former financing arm of general motors , has “limited if any access to funding” for its mortgage and auto lending units, its chief executive, al de molina, has told employees.
dealbook.blogs.nytimes.com

Gmac Adopts Conservative Auto Financing Approach
gmac financial services, general motors former finance arm which is now controlled by new york-based hedge fund operator cerberus capital management, has implemented a more conservative purchase policy for consumer auto financing in the us as a result of the lack of stability in the global capital and credit markets.
www.banking-business-review.com

Gmac Tightens The Auto-finance Screws - Businessweek
the federal reserve and u.s. treasury may be moving to buttress america's banks and keep the loans flowing. but general motors acceptance corp. , the finance company that is 51%-owned by cerberus capital management and the rest by general motors ( gm ...
www.businessweek.com

Update 2-gmac To Limit Car Loans To Buyers With Good Credit - Reuters
detroit, oct 13 (reuters) - gmac, the finance company affiliated with general motors corp (gm.n: quote , profile , research , stock buzz ), said on monday it would pull back from riskier and longer-term auto lending in response to tight credit ...
www.reuters.com

Gmac Struggles With Financing
faced with a credit crunch, the financing arm of general motors is restricting auto lending in the u.s and may trim it in some international markets, the company said.
www.nytimes.com

Gmac Has Limited Funding, May Scale Back Outside U.s. (update1)
oct. 15 (bloomberg) -- gmac llc , the financing arm of general motors corp. , has ``limited if any access to funding'' for its mortgage and auto-lending units, chief executive officer al de molina said in an e-mail to employees.
www.bloomberg.com

Gmac Tightens Standards, Raises Costs For Financing Autos - Bloomberg
oct. 13 (bloomberg) -- gmac llc, majority owned by cerberus capital management lp, will limit auto loans to customers with credit scores of at least 700. gmac also raised by 75 basis points the rate it charges auto dealers for making loans that aren ...
www.bloomberg.com

Gmac Financial Services Statement On Automotive Finance Purchase ... - Msn Moneycentral
detroit , oct. 13 /prnewswire/ -- gmac financial services today implemented a more conservative purchase policy for consumer auto financing in the u.s. as a result of the lack of stability in the global capital and credit markets. the changes include ...
news.moneycentral.msn.com

Auto Financing Available Even As Wall Street Credit Crunch Impacts Main Street Economy
4 financing tips for todays auto shoppers
news.yahoo.com

Gmac Has Limited Funding, May Scale Back Outside U.s. (update2)
oct. 14 (bloomberg) -- gmac llc , the financing arm of general motors corp. , has ``limited if any access to funding'' for its mortgage and auto-lending units, chief executive officer al de molina said in an e-mail today to employees.
www.bloomberg.com

Auto Loans Still Available, Gm Says - Wall Street Journal
general motors corp. plans to launch an initiative aimed at letting consumers know they can still obtain credit for a new gm car or truck. the initiative, designed to go public friday, comes on the heels of several auto lenders -- including gmac llc ...
online.wsj.com

Gmac Moves To More Conservative Stance In Car Lending - Cnn Money
gmac financial services moved to a more conservative lending stance in consumer automobile financing, limiting purchase contracts to customers with credit scores of 700 and above. the captive finance arm, 49% owned by general motors corp. (gm) and 51 ...
money.cnn.com

Gmac Fund-access Woes May Force Cuts
gmac, the financing arm of general motors, has "limited if any access to funding" for its mortgage and auto-lending units, chief executive officer al de molina said in an e-mail tuesday to employees.
www.detnews.com

Gmac Tightens Standards For Financing Autos, Dealers (update1)
oct. 13 (bloomberg) -- gmac llc , the consumer finance arm of general motors corp. , will limit auto loans to customers with credit scores of at least 700, making it harder for some customers to buy a car or truck.
www.bloomberg.com

Gmac Financial Tightens Consumer Auto Financing - Rtt News
(rttnews) - consumer finance company gmac llc, partly owned by automobile giant general motor corp. (gm: news ), monday said gmac financial services has implemented stricter loan purchasing policies for its consumer auto financing division ...
www.rttnews.com

Harris County Car Dealers' Numbers Off, But They Hope For Hurricane ... - Houston Chronicle
houston cosmetics maker cindi coleman typically buys a new bmw every three years. this year, she has her eye on a 2009 750li sedan. but with high prices for everything from food to fuel and a condominium on the market in florida that's looking tough ...
www.chron.com

Gmac Boosts Credit Standards For Auto Loans
gmac financial services said monday that it tightened its criteria for consumer automotive financing, citing the continued upheaval in the lending industry.
biz.yahoo.com

Gmac Tightens Standards, Raises Costs For Financing Autos
oct. 13 (bloomberg) -- gmac llc, majority owned by cerberus capital management lp, will limit auto loans to customers with credit scores of at least 700.
www.bloomberg.com

Ford Says Auto Loans Are Still Available For Customers - Wall Street Journal
ford motor co. sent a letter to dealers that sought to reassure their customers that the auto maker still has a credit arm willing to lend. the move had become necessary as the company worried car buyers were staying away from showrooms because they ...
online.wsj.com