Thursday , October 29 2020

1919

General Motors begins lending consumers the money through the General Motors Acceptance Corporation (GMAC). GMAC popularizes the idea of installment credit, requiring only 35% of the car’s value as down payment.

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About Tim Nelson

Tim Nelson is a Brooklyn based content strategist and writer with five years of experience in the digital marketing space. He's handled everything from social media to SEO, from long-form copywriting to interactive content projects. When not writing or putting his content creation expertise to use as a freelancer, Tim enjoys playing guitar, skiing, and rooting obnoxiously for Boston's sports teams. For more on Tim and his work, you can check out his portfolio.

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