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What is GMAC? What is it for?

The Graduate Management Admission Council (GMAC) was founded in 1954. It is a non-profit education association headquartered in the United States. Its members include many well-known business schools around the world. . GMAT has been committed to serving global business administration education institutions and students with potential management talents. It is the organizer of GMAT. GMAC has always been committed to serving global business administration education institutions and students with potential management talents. The GMAT sponsored by it has been widely used by more than 2,000 business schools and 4,600 management education projects around the world as an entrance examination to evaluate applicants in the field of business administration. Qualifications for further study.

GMAC is best known for the GMAT exam it sponsors. The GMAT exam has been widely used as an entrance exam for the Master of Business Administration and is currently the most reliable way to test whether candidates have the ability to successfully complete the MBA program. Examination items for learning abilities in the Master of Management program. The GMAT? exam is designed to help business schools or MBA programs assess whether applicants are qualified to pursue further studies in business administration.

The GMAT exam adopts a computerized adaptive exam format. As an adaptive exam, the exam begins with a multiple-choice section where questions will be selected as the candidate begins the exam. Each time a candidate answers a question, the question will be judged immediately. The computer will determine the content of the next test question based on the results of the test questions completed by the candidate. Therefore, the content of the test questions will be different for each candidate. At the same time, candidates must answer each question before proceeding to the next question. Exams cannot be reviewed back.

GMAC, the abbreviation of SAIC General Motors Finance Co., Ltd., is a joint venture between General Motors Financial Services Company, one of the world's largest financial companies, and SAIC Motor Group Finance Co., Ltd., one of China's largest non-bank financial institutions. The company is a professional automobile finance company established through a joint venture. SAIC General Motors Finance Co., Ltd. will combine the two major advantages of "globalization" and "localization" and make full use of General Motors Financial Services' rich experience in global auto credit, as well as SAIC Finance's understanding of China's market conditions and business practices. We have a deep understanding of the industry and use the best and tested operating models in the global auto finance field to provide professional financial services for the long-term development of my country's auto market, so that the majority of auto consumers can enjoy the convenience of high-quality, professional auto financial services that are in line with international standards. , experience a more relaxed and convenient car life.

GMAC Personal Automobile Loan

Equal principal and interest

Under this repayment method, the monthly repayment amount remains unchanged (assuming the interest rate remains unchanged), that is The sum of principal and interest repaid each month remains the same, but the principal you pay each month increases while the interest decreases each month.

Equal principal amount

Under this repayment method, the monthly loan principal amount is equal, but the interest will decrease as the remaining principal decreases, so each month The total monthly principal and interest payments will gradually decrease over the life of the loan.

This new repayment method will make your monthly repayment amount much lower than that under the traditional equal principal and interest method. This is because part of the principal, the balance, is deferred until the loan matures, and the amount of the balance is determined by the term of the loan. We currently offer the following two term smart loans for you to choose from:

Term two to three years

Minimum down payment (% of car price) 25 25

Maximum balance payment (% of car price) 25 20

After the smart balance payment expires, there are three different repayment plans to choose from:

Option 1: Return the balance payment in one go upon maturity

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Option 2: Refinance the balance payment

Note: The balance payment can be refinanced for a period of no more than one year

Option 3: Repay by vehicle exchange Final payment

Note: Customers can use SAIC-GM Finance Co., Ltd.'s loan to purchase a new car.

The original car will be replaced after being evaluated, the balance will be paid off first, and the remaining amount will be used as the down payment for the new car

Under this plan, you can enjoy low monthly payments as long as you pass our credit review while retaining the right to exchange for a new car.

The comparative advantage of GMAC and ordinary bank credit is that the minimum down payment is 20%, and you can freely choose to repay within the loan period of 13-36 months; no guarantee; no household registration in this city is required; 4S store one-stop full service