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Automaker Helping Customers Find Loans To Buy New Cars

General Motors is helping car buyers find loans.

The car giant is launching a campaign this week to reach out to people who have stopped looking to buy cars because they think they can't get a loan. Their "financing that fits" program publishes a database that lets dealers locate banks and other lenders.

GM says although banks and finance companies have tightened credit, you may still have options you aren't aware of. This comes after GMAC, the financial arm of GM, said Monday that it would only make loans to people with credit scores of 700 or higher.

That high score could push buyers away from showrooms.


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