The automaker is relying increasingly on subprime loans, 10-Q financial reports shows.
Potential borrowers of car loans are rated on FICO scores that range from 300 to 850. Anything under 660 is generally deemed subprime.
GM Ramps Up Risky Subprime Auto Loans To Drive Sales
Current Status: Published (4)
Seeded on Sun Jul 29, 2012 1:52 PM
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