GM Financial
GM Financial Unaffiliated

GM Financial

SuperMoney Net Recommendation Score -66  


This product is strongly not recommended by SuperMoney users with a score of -66, equating to 1.7 on a 5 point rating scale.


Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

Strongly not recommended

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Community Rating Strongly not recommended
Credit Score Range 550 - 850
Loan Amount $7,500 - $125,000
APR  (Fixed APR) 1.9% - 19.9%
Loan Term (Months) Up to 72 months
Number of Reviews 59

GM Financial Review

GM Financial is offered by General Motors Financial Company, Inc., a financial services company founded in 1992 and based in Fort Worth, TX. GM Financial are available in 50 states (and Washington, DC).

GM financial FAQ

How much can you borrow via GM financial?

GM financial loan amounts start at $7,500 and go up to $125,000.

What APR does GM financial offer on its car loans?

GM financial offers a fixed apr car loan product that ranges from 1.9% APR up to 19.9% APR.

Your APR can vary depending on several factors, such as your credit score. Find out what your credit score is and whether there is any false or inaccurate information in your credit history with these credit monitoring tools.

What is the maximum auto loan term you can get with GM financial?

GM financial has car loans with a maximum term of 72 months. Having the option of longer terms allows borrowers to take on larger auto loan amounts while keeping monthly payments more affordable. However, the longer the term of your car loan, the more interest you will pay.

Does GM financial charge an origination fee?

Yes, GM financial may charge a loan origination fee.

Does GM financial charge a late fee?

Yes, GM financial charges borrowers with a late payment penatly fee

Does GM financial charge prepayment fees?

Yes, GM financial does charge borrowers a fee if they pay their loans early. Consider prepayment fees when you choose a lender because prepayment can reduce or even cancel the interest savings of repaying a loan early.

Can I pay off early my GM financial loan?

Yes, you can. However, GM financial charges a prepayment fee if you pay your car loan early. This fee could reduce or eliminate the savings from paying the car loan early.

What do you need to qualify for GM Financial?

Applicants with a credit score of at least 550 and up to 850 may be eligible for GM Financial. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

GM Financial does not have or does not disclose a minimum annual income eligibility requirement. GM Financial only considers borrowers who are employed. Note that borrowers can add a cosigner to either meet eligibility requirements or qualify for lower interest rates.

The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. Active duty service members are eligible to apply for a loan via GM Financial. Their rates fall within the limits of The Military Lending Act.

To qualify, applicants may need to provide the following documentation:

  • Recent pay stubs
  • Driver's license
  • Proof of citizenship or residence permit

What is the estimated funding time for a car loan via GM financial?

GM financial will typically fund the car loan within 7 business days of approval.

Does GM Financial report your account activity to credit bureaus?

Yes, GM Financial reports your account activity to the following credit reporting agencies:

  • Equifax
  • Experian
  • Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.

Is General Motors Financial Company, Inc. a legit company?

General Motors Financial Company, Inc. was founded in 1992, it is a well-established company that has been in business for 31 years. GM Financial are strongly not recommended by SuperMoney community users.

SuperMoney Disclosure: is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Message From GM financial

GM Financial is the wholly owned captive finance subsidiary of General Motors and is headquartered in Fort Worth, Texas. We are a global provider of auto finance solutions, with operations in North America, South America and Asia. Through our long-standing relationships with auto dealers, we offer attractive retail financing and lease programs to meet the needs of each customer. We also offer commercial lending products to dealers to help them finance and grow their businesses.

We work directly with dealerships to make applying for credit convenient for you when you’re ready to purchase a new vehicle. Our secure online credit application helps save you time at the dealership.

Message From Our Editor

What we love about GM Financial

GM Financial offers financing and leasing options for GM vehicles in all fifty states of the United States as well as in other parts of the world. You can get pre-qualified for a loan online, meaning you can get an idea of what you can afford before setting foot on a dealership lot. The company is also flexible when it comes to approving leases, which can make it easier to lease a car. You can choose from multiple loan repayment options so you can customize your monthly payment to fit your budget.

What could GM Financial do better?

GM Financial has a few noteworthy flaws. For example, you can only work with GM’s network of dealers, which means your choice of vehicle will be limited. You’ll also be limited in how much you can shop around, which could affect how much you wind up paying for your car. Much of the time, the company also fails to offer the best interest rates, meaning you can save by financing with a different company. GM Financial also has a reputation for poor customer service, which can be a concern if you wind up needing assistance with your loan.

GM Financial also doesn’t approve loans for pre-owned vehicles, so you can only use the company if you want to buy a new car.

GM Financial ‘s backstory

GM Financial is the financial subsidiary of General Motors. Founded in 1992 as the AmeriCredit Corporation, the company offers financing across the United States, Canada South America, Europe, and Asia.

The Verdict

If you’re shopping for a new GM, you may want to check your pre-qualified offers from GM Financial to see if you get a good deal, but you can usually get a better interest rate and financing terms from another lender.


About GM Financial


  Available in 50 states and Washington, D.C.
  • Alaska
  • Alabama
  • Arkansas
  • Arizona
  • California
  • Colorado
  • Connecticut
  • Washington, DC
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Iowa
  • Idaho
  • Illinois
  • Indiana
  • Kansas
  • Kentucky
  • Louisiana
  • Massachusetts
  • Maryland
  • Maine
  • Michigan
  • Minnesota
  • Missouri
  • Mississippi
  • Montana
  • North Carolina
  • North Dakota
  • Nebraska
  • New Hampshire
  • New Jersey
  • New Mexico
  • Nevada
  • New York
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Virginia
  • Vermont
  • Washington
  • Wisconsin
  • West Virginia
  • Wyoming

Feature Breakdown

Application Fee $0
Employment Statuses Considered
  • Other
  • Employed Full-Time
  • Employed Part-Time
  • Self-Employed
  • Retired
Immigration Status Considered
  • U.S. Permanent Resident
Joint Loan Applications Accepted
  • Cosigner
Maximum Vehicle Age 2
Military Status
  • Active Duty Military
  • Non-Military
Minimum Age 18
Verification Documents Required
  • Driver License (or other photo ID)
  • Proof of citizenship/residence (Green Card)
  • Recent Pay Stubs
Credit Score Range 550 - 850
Credit Bureau Reporting
  • Experian
  • Equifax
  • TransUnion
Customizable Payment Dates
Funding Time Range 1 - 7 days
Payment Options
  • Automatic Payments
  • Check by mail
  • Credit/Debit Card
APR Type Fixed APR
Loan Amount $7,500 - $125,000
APR (Fixed APR) 1.9% - 19.9%
Loan Term Up to 72 months

GM Financial Community Reviews


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This product is strongly not recommended by SuperMoney users with a score of -66, equating to 1.7 on a 5 point rating scale.


Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

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