ALERT : 700+ Credit Score required to buy a GMAC car

October 14, 2008

If you want to buy a General Motors vehicle with GMAC financing, you’d better have your financial ducks in a row. GMAC Financial Services announced today that it’s temporarily limiting contracts to people with at least a 700 credit score.
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That’s nice! good luck with that… The national average credit score is 680 … meaning basically GMAC has just announced that the Average American cannot buy an Average Vehicle.