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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]
Car loans are available through most banks, credit unions and online lenders. You can also use dealership financing, but you’re more likely to get a bad credit loan with reasonable terms through ...
If you're in the market for a car and your credit history is shaky or worse, you'll see plenty of dealerships with signs proclaiming "no credit, no problem," "buy here, pay here," "no credit check
During the 1920s Automobile Alley, A-Alley for short, was a popular auto row, home to more than 2/3 of the city's car dealerships for several decades in the 1900s. [ a ] Numerous national and international brands had showrooms in Automobile Alley and the district thrived as a commercial hub for the state until the decline of downtown Oklahoma ...
Credit Acceptance Corporation is an auto finance company providing automobile loans and other related financial products. The company operates its financial program through a national network of dealer-partners, the automobile dealers participating in the programs. The company operates two programs: the "Portfolio Program" and the "Purchase ...
The Oklahoma Department of Consumer Credit (ODCC) is an agency of the state of Oklahoma. The department regulates the consumer lending business in Oklahoma by overseeing non-commercial credit, small loans, installment sales and usury. The department also investigates and licenses creditors of the state.
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