Some Good News for Bad Credit Auto Loan Consumers
Posted by Steve Cypher on February 5, 2010 · Leave a Comment
The latest securitization by bad credit auto lender AmeriCredit signals that the tight credit market may be easing.
Latest report
At Auto Credit Express, we see that subprime lender Americredit has just announced the pricing of a $600 million offering of automobile receivables-backed securities. AmeriCredit will use the net proceeds from this securitization transaction to provide long-term [...]