Document:

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                                                                    EXHIBIT 10.2

                                 AMENDMENT NO. 4

                                       to

                                CREDIT AGREEMENT

                                     between

                  AMERICREDIT FINANCIAL SERVICES OF CANADA LTD.

                                       and

                      AMERICREDIT FINANCIAL SERVICES, INC.

                                       and

                        MERRILL LYNCH CAPITAL CANADA INC.

                          DATED AS OF FEBRUARY 18, 2003

<PAGE>

     THIS AMENDMENT NO. 4 to the CREDIT AGREEMENT (this "Amendment") is made as
of the 18th day of February, 2003.

B E T W E E N:

            AMERICREDIT FINANCIAL SERVICES OF CANADA LTD., a corporation
            incorporated pursuant to the laws of the Province of Ontario

            (the "Borrower")

                                     - and -

            AMERICREDIT FINANCIAL SERVICES, INC., a corporation incorporated
            pursuant to the laws of the State of Delaware

            (the "Custodian")

                                     - and -

            MERRILL LYNCH CAPITAL CANADA INC., a corporation incorporated
            pursuant to the laws of the Province of Ontario

            (the "Lender")

RECITALS:

WHEREAS, the Borrower, the Custodian and the Lender entered into a Credit
Agreement dated as of August 23, 2001, as amended by Amendment No. 1 made as of
November 12, 2001, Amendment No. 2 made as of February 1, 2002 and Amendment No.
3 made as of August 1, 2002 (collectively, the "Credit Agreement"); and

WHEREAS, the parties desire to amend the Credit Agreement as provided herein;

NOW, THEREFORE, for good and valuable consideration (the receipt and sufficiency
of which are hereby acknowledged by each of the parties hereto), the parties
hereto hereby agree as follows:

1.   DEFINED TERMS.

     In this Amendment, unless something in the subject matter or the context is
inconsistent therewith, capitalized terms used and not otherwise defined herein
shall have the respective meanings attributed to such terms in Schedule A to the
Credit Agreement.

2.   AMENDMENTS TO CREDIT AGREEMENT.

     The definition of "Maturity Date" in Schedule A to the Credit Agreement is
hereby deleted in its entirety, and the following is inserted in lieu thereof:

     "Maturity Date" means February 21, 2003.

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                                       -2-

3.   REPRESENTATIONS AND WARRANTIES.

     To induce the Lender to enter into this Amendment, each of the Borrower and
the Custodian hereby represents and warrants (each as to itself) as of the date
hereof that:

     (a) It has the power, authority and legal right to make and deliver this
Amendment and to perform its obligations under the Credit Agreement, as amended
by this Amendment, as applicable, without any notice, consent, approval or
authorization not already obtained, and it has taken all necessary action to
authorize the same.

     (b) The making and delivery of this Amendment and the performance of the
Credit Agreement, as amended by this Amendment, do not violate any provision of
law or any regulation, or its charter or by-laws, or result in the breach of or
constitute a default under or require any consent under any indenture or other
agreement or instrument to which it is a party or by which it or any of its
properties may be bound or affected. The Credit Agreement, as amended by this
Amendment, as applicable, constitutes its legal, valid and binding obligation,
enforceable against it in accordance with its terms, except as the
enforceability thereof may be limited by any applicable bankruptcy,
reorganization, insolvency, moratorium or other laws affecting creditors' rights
generally.

     (c) The representations and warranties made by it contained in the Credit
Agreement are true and correct in all material respects on and as of the date of
this Amendment and after giving effect hereto, except for those representations
and warranties that address matters only as of a particular prior date.

     (d) No Event of Default or Pending Event of Default has occurred and is
continuing under the Credit Agreement on and as of the date of this Amendment
and after giving effect to hereto.

4.   REFERENCE TO AND EFFECT ON THE CREDIT AGREEMENT.

     (a) On and after the date of this Amendment, each reference in the Credit
Agreement, to "this Agreement," "hereunder," "hereof' or words of like import,
and each reference in any other Credit Document to "the Credit Agreement,"
"thereunder," "thereof' or words of like import referring to the Credit
Agreement, shall mean and be a reference to the Credit Agreement as amended
hereby.

     (b) Except as specifically amended hereby, the Credit Agreement and the
Credit Documents shall continue to be in full force and effect and is hereby in
all respects ratified and confirmed.

     (c) The execution, delivery and effectiveness of this Amendment shall not,
except as expressly provided herein, operate as a waiver of any right, power or
remedy of the Lender under any of the Credit Documents.

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                                       -3-

5.   COUNTERPARTS.

     This Amendment may be signed in any number of counterparts, each of which
shall be an original and all of which taken together shall constitute a single
instrument with the same effect as if the signatures thereto and hereto were
upon the same instrument.

6.   GOVERNING LAW.

     This Amendment shall be governed by and construed in accordance with the
laws of the Province of Ontario and the federal laws of Canada applicable in
Ontario.

     IN WITNESS WHEREOF, the parties hereto have duly executed this Amendment as
of the date first written above.

                                 AMERICREDIT FINANCIAL SERVICES OF CANADA LTD.

                                 By:
                                      ------------------------------------------
                                       Name:    Katharyn Harlow
                                       Title:   Vice President, Finance

                                 AMERICREDIT FINANCIAL SERVICES, INC.

                                 By:
                                      ------------------------------------------
                                       Name:    Katharyn Harlow
                                       Title:   Vice President, Finance

                                 MERRILL LYNCH CAPITAL CANADA INC.

                                 By:
                                      ------------------------------------------
                                       Name:
                                       Title:

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CONSENT OF GUARANTOR

     The Guarantor hereby consents to the making, execution and delivery of
Amendment No. 4, dated as of February 18, 2003, November 1, 2002, to the Credit
Agreement dated as of August 23, 2001 by and among AmeriCredit Financial
Services of Canada Ltd., as Borrower, AmeriCredit Financial Services, Inc., as
Custodian, and Merrill Lynch Capital Canada Inc., as Lender, as amended by
Amendment No. 1 made as of November 12, 2001, Amendment No. 2 made as of
February 1, 2002 and Amendment No. 3 made as of August 1, 2002.

     Dated as of February 18, 2003.

                                 AMERICREDIT CORP.

                                 By:
                                      ------------------------------------------
                                       J. Michael May
                                       Senior Vice President, Associate Counsel<PAGE>

                                                                    EXHIBIT 10.3

                                                                  EXECUTION COPY

                                 AMENDMENT No. 1
                          dated as of February 18, 2003

                                      among

                              AMERICREDIT ML TRUST,

                                       and

                      AMERICREDIT FINANCIAL SERVICES, INC.,

                                       and

                      MERRILL LYNCH MORTGAGE CAPITAL INC.,

                                       and

                         AMERICREDIT FUNDING CORP. VIII,

                                       and

                                  BANK ONE, NA,

                                       and

                                AMERICREDIT CORP.

                                       to

                                CREDIT AGREEMENT,

                          dated as of November 1, 2001

<PAGE>

          AMENDMENT NO. 1 dated as of February 18, 2003 ("Amendment No. 1"), by
and among AMERICREDIT ML TRUST, a Delaware statutory trust, as borrower (the
"Borrower"), AMERICREDIT FINANCIAL SERVICES, INC., a Delaware corporation, in
its capacity as orginator/Seller ("AmeriCredit"), or in its capacity as
Custodian (the "Custodian"), or in its capacity as Servicer (the "Servicer"),
MERRILL LYNCH MORTGAGE CAPITAL INC., a Delaware corporation (the "Noteholders"),
AMERICREDIT FUNDING CORP. VIII, a Delaware corporation ("AFC VIII"), BANK ONE,
NA ("Bank One"), as paying agent (the "Paying Agent") and AMERICREDIT CORP., a
Texas corporation ("AmeriCredit Corp."), to the Credit Agreement dated as of
November 1, 2001 (the "Credit Agreement"), by and among the Borrower,
AmeriCredit, the Noteholders, AFC VIII, Bank One, and AmeriCredit Corp.

          WHEREAS, Section 13.3 of the Credit Agreement permits amendment of the
Credit Agreement upon the terms and conditions specified therein;

          WHEREAS, the parties to the Credit Agreement (the "Parties") and the
Secured Party wish to amend the Credit Agreement.

          NOW, THEREFORE, the Parties and the Secured Party agree that the
Credit Agreement is hereby amended effective as of the date hereof as follows:

     Section 1. Definitions. Each term used but not defined herein shall have
the meaning assigned to such term in the Credit Agreement.

     Section 2. Amendment to Schedule A. The definition of "Maturity Date" is
deleted in its entirety and replaced with the following:

          "Maturity Date" means February 21, 2003.

     Section 3. Counterparts. This Amendment No. 1 to the Credit Agreement may
be executed in several counterparts, each of which shall be deemed an original
hereof and all of which, when taken together, shall constitute one and the same
Amendment No. 1 to the Credit Agreement.

     Section 4. Ratification of Credit Agreement. Except as provided herein, all
provisions, terms and conditions of the Credit Agreement shall remain in full
force and effect. As amended hereby, the Credit Agreement is ratified and
confirmed in all respects.

     Section 5. Entire Agreement. This Amendment No. 1 sets forth the entire
agreement between the Parties with respect to the subject matter hereof, and
this Amendment No. 1 supersedes and replaces any agreement or understanding that
may have existed between the Parties prior to the date hereof in respect of such
subject matter.

     Section 6. No Waiver. This Amendment No. 1 to the Credit Agreement is
limited to the express provisions described herein and shall not be deemed to
imply any waiver of (a) any right or remedy available to any Noteholder, any
Hedge Counterparites or the Secured Party arising from any breach or default
under the Credit Agreement or

                                        1

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the other Credit Documents or (b) any other rights or remedies of the Secured
Party, the Hedge Counterparites and/or the Noteholders under the Credit
Agreement or the Other Credit Documents.

     Section 7. Representations and Warranties. To induce the Noteholders, the
Secured Party and the Paying Agent to enter into this Amendment No. 1, each of
the Borrower, AmeriCredit Corp., AmeriCredit and AFC VIII hereby represents and
warrants (each as to itself) as of the date hereof that:

     (a) It has the power, authority and legal right to make and deliver this
Amendment No. 1 and to perform its obligations under the Credit Agreement, as
amended by this Amendment No. 1, as applicable, without any notice, consent,
approval or authorization not already obtained, and it has taken all necessary
action to authorize the same.

     (b) The making and delivery of this Amendment No. 1 and the performance of
the Credit Agreement, as amended by this Amendment No. 1, do not violate any
provision of law or any regulation, or its charter or by-laws, or result in the
breach of or constitute a default under or require any consent under any
indenture or other agreement or instrument to which it is a party or by which it
or any of its properties may be bound or affected. The Credit Agreement, as
amended by this Amendment No. 1, as applicable, constitutes its legal, valid and
binding obligation, enforceable against it in accordance with its terms, except
as the enforceability thereof may be limited by any applicable bankruptcy,
reorganization, insolvency, moratorium or other laws affecting creditors' rights
generally.

     (c) The representations and warranties made by it contained in the Credit
Agreement are true and correct in all material respects on and as of the date of
this Amendment and after giving effect hereto, except for those representations
and warranties that address matters only as of a particular prior date.

     (d) No Event of Default has occurred and is continuing under the Credit
Agreement on and as of the date of this Amendment No. 1 and after giving effect
to hereto.

     Section 8. No Recourse. It is expressly understood and agreed by the
parties hereto that (a) this Amendment No. 1 is executed and delivered by
Deutsche Bank Trust Company Delaware, not individually or personally but solely
as trustee of the Borrower, in the exercise of the powers and authority
conferred and vested in it, (b) each of the representations, undertakings and
agreements herein made on the part of the Borrower is made and intended not as
personal representations, undertakings and agreements by Deutsche Bank Trust
Company Delaware but is made and intended for the purpose of binding only the
Borrower, (c) nothing herein contained shall be construed as creating any
liability on Deutsche Bank Trust Company Delaware, individually or personally,
to perform any covenant either expressed or implied contained herein, all such
liability, if any, being expressly waived by the parties hereto and by any
Person claiming by, through or under the parties hereto and (d) under no
circumstances shall Deutsche Bank Trust Company Delaware be personally liable
for the payment of any indebtedness or expenses

                                        2

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of the Borrower or be liable for the breach or failure of any obligation,
representation, warranty or covenant made or undertaken by the Borrower under
this Amendment No. 1 or any related documents.

                  [Remainder of page intentionally left blank]

                                        3

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     IN WITNESS WHEREOF, the parties hereto have executed this Amendment No. 1
as of the date set forth on the first page hereof.

                            AMERICREDIT FUNDING CORP. VIII

                            By:
                                ------------------------------------------------
                                 Name: J. Michael May
                                 Title: Senior Vice President, Associate
                                 Counsel

                            AMERICREDIT FINANCIAL SERVICES, INC.

                            By:
                                ------------------------------------------------
                                 Name: J. Michael May
                                 Title: Senior Vice President, Associate
                                 Counsel

                            AMERICREDIT ML TRUST

                            By:  DEUTSCHE BANK TRUST COMPANY
                                 DELAWARE (f/k/a BANKERS TRUST
                                 (DELAWARE)),
                                 not in its individual capacity but solely
                                 as Trustee on behalf of the Borrower.

                            By:
                                ------------------------------------------------
                                 Name:
                                 Title:

                            AMERICREDIT CORP.

                            By:
                                ------------------------------------------------
                                 Name: J. Michael May
                                 Title: Senior Vice President, Associate
                                 Counsel

<PAGE>

                            MERRILL LYNCH MORTGAGE CAPITAL INC.,
                            as a Noteholder and as Secured Party

                            By:
                                ------------------------------------------------
                                 Name:
                                 Title:

                            BANK ONE, NA,
                            as Paying Agent

                            By:
                                ------------------------------------------------
                                 Name:
                                 Title:

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