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That makes bad credit/no credit dealerships all the more enticing to buyers with lousy scores. ... Several experts suggested saving up for a private sale instead or seeking out a co-signer to help ...
In the used car market in the United States and Canada, buy here, pay here, often abbreviated as BHPH, refers to a method of running an automobile dealership in which dealers themselves extend credit to purchasers of automobiles. [1] Typically, purchasers of cars at BHPH dealerships have poor credit history, and loans have high interest rates. [1]
Examples of legal straw purchases would be purchasing groceries for senior citizens who are unable to go to supermarkets themselves because of poor health or financing an automobile for someone who cannot obtain a loan because of poor credit. In some cases, the agent in the straw purchase may receive money or recompense from the ultimate possessor.
An advertisement shall not contain terms such as “factory sale,” “fleet prices,” “wholesale prices,” “factory approved,” “factory sponsored,” “manufacturer sale,” use a manufacturer's name or abbreviation in any manner calculated or likely to create an impression that the vehicle is being offered for sale by the ...
Ford Motor Credit Company LLC, d/b/a Ford Credit, is the financial services arm of Ford Motor Company, and is headquartered in Dearborn, Michigan. The predominant share of Ford Credit's business consists of financing Ford and Lincoln vehicles and supporting Ford and Lincoln dealers. Specifically, its business activities are concentrated in the ...
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