Ally Financial to offer upside-down-proof auto loans
Ally Financial, preferred lender of General Motors and Chrysler, will start offering a new type of upside-down-proof auto loan on Tuesday.
Ally Financial, preferred lender of General Motors and Chrysler, will start offering a new type of upside-down-proof auto loan on Tuesday.
General Motors no longer has GMAC, but by year's end it'll have AmeriCredit, reports indicate. It was a $3.5 billion cash purchase…
Is GMAC too big to fail? Why weren't others treated similarly by the Treasury? And did GMAC actually deserve taxpayer money if they continued to lose money?