Car Loans

GMAC Asks For $2.8 Billion More In Taxpayer Money

Wall Street Journal | DAN FITZPATRICK and DAMIAN PALETTA | Posted 10.28.2009 | Business


The U.S. government is likely to inject $2.8 billion to $5.6 billion of capital into the Detroit company, on top of the $12.5 billion that GMAC has re...

Is Credit Evil?

Don McNay | Posted 11.29.2009 | Business


Don McNay

I've watched many people get in trouble with upside down car loans, second mortgages or high interest rate financing. Credit keeps many people from living within their means. Then a friend told me he was buying a large house.

Today Is the Day to Cut Up Your Credit Cards

Don McNay | Posted 09.24.2009 | Business


Don McNay

When three people who know about money go to the extreme of not owning any credit cards, others might want to take note.