Topic: Gmac Llc

According to the Congressional Oversight Panel involved, the former General Motors Acceptance Corporation -- or GMAC -- has no viable business plan, even after receiving $17.2 billion in federal aid. "The panel is deeply concerned that [the U.S.] Treasury has not required ...

While there are many reasons to establish business credit many small business owners overlook the advantages of financing their autos with corporate credit. The key is keeping all your business related expenses and obligations separate from your personal credit files.This includes minimizing ...

NEW YORK (Reuters) - GMAC Financial Services < GKM.N> said on Tuesday that it expects to post a combined fourth-quarter loss of about $5 billion largely on charges related to the auto and home finance company's bid to write down or sell ...

If you need a GMAC loan modification, you might want to check out a website and see if you qualify. They have a loan modification calculator that will tell you if you qualify and what your new payment would be once approved. ...

Losing ground in auto financing, GMAC to offer new financial incentives to dealershipsGMAC Financial Services, the former financing arm of General Motors Co., is making a new push to recapture its share in the auto financing business by offering incentives to its ...

So you bought the newest GM model with the really cool rims, a jamming stereo, and 0% interest to boot. But lately, that GMAC auto loan seems a little high and it might just be impacting your monthly budget and other bill ...

The US Treasury said Thursday it had injected an additional 7.5 billion dollars into cash-strapped US auto finance giant GMAC to enable it continue providing loans to dealers and consumers.The Treasury also said it could hold a 35.4 percent stake in GMAC, ...

GMAC says 1st-qtr loss widens to $675M as credit markets weigh on auto, mortgage businessesGMAC Financial Services said Tuesday that it will not be automatically be forced to file for bankruptcy protection if General Motors Corp. is unable to restructure itself by ...

Cash-strapped US auto finance giant GMAC, the ex-financial arm of ailing General Motors, reported Tuesday a first quarter 2009 net loss of 675 million dollars amid a weak economy.It was wider compared to the 589 million dollar loss in the same quarter ...

US auto finance giant GMAC, the former financial arm of General Motors, said Wednesday it was easing credit to dealers and expanding credit for consumers in a bid to rev up the stalled auto market.GMAC Financial Services said it would earmark " ...