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“Bad credit/no credit car dealerships are typically more lenient when it comes to credit scores,” said Joe Giranda, director of sales and marketing at CFR Classic. “If you have a lower ...
Dealers regularly try to attract customers with special discounts and credits, which are known in the industry as “incentives” like “no money down,” 0% financing, cash-back rebates and ...
Before settling for a loan through a buy here, pay here dealer, research alternatives. Buying a car with bad credit — a credit score between 300 and 579 — is possible, but it may be more ...
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]
A title loan (also known as a car title loan) is a type of secured loan where borrowers can use their vehicle title as collateral. [1] Borrowers who get title loans must allow a lender to place a lien on their car title, and temporarily surrender the hard copy of their vehicle title, in exchange for a loan amount. [2]
The Low Credit Score Scam. It's no secret that borrowers with excellent credit get the lowest rates on the best loans. What many people don't know is that unscrupulous dealers sometimes tell car ...
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