Will You Buy a Car With a GMAC Loan?

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ByABC News
September 16, 2008, 11:11 AM

Dec. 31, 2008— -- More would-be car buyers will qualify for auto loans through the financing company GMAC. The company, which is partly owned by General Motors, says that a new $6 billion infusion from the federal government's financial rescue package will allow it to ease its lending standards.

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