How is “buy here pay here” different than traditional financing? This is a common question asked by people searching for non-traditional car financing options. Buy Here Pay Here (BHPH) financing basically means there is no third party involved, it is strictly a car loan offered through the dealership on their terms. Because people looking for [...]
If you are looking into non-tradtional car loan options you need to know the risks of using a “buy here pay here” car dealer? This type of dealership is not always a bad option, but it can be and you need to prepare yourself for potential pitfalls. Buy Here Pay Here Risks: Very high (sub-prime) [...]
Buy Here Pay Here (BHPH) loans from used car dealers have many drawbacks and potential pitfalls if you are considering this option. However, if you have a very bad credit score, Buy Here Pay Here dealerships might be your only option to get a loan to purchase a car. Another important benefit is once you begin making payments to your [...]
You know you want to try to get a car loan at a Buy Here Pay Here (BHPH) dealership, but how do you find these car lots that offer this service? Discovering these Buy Here Pay Here lots is not as easy in the “Information Age” as it could be. There is no quick search you [...]