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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
Buy-here, pay-here auto loans are not the only option for borrowers with poor credit. What a bad credit auto loan is A bad credit auto loan works just like any other auto loan.
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]
Trying to get a car with bad credit? If you have a low FICO score, it won't necessarily dash your hopes. It just means you'll probably be charged a higher interest rate on your car loan. See: 10 ...
Buy here, pay here financing is an attractive solution for those looking to purchase a car with lower credit scores. Find out what you need to know about buy here, pay here dealerships.
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Buy now, pay later (BNPL) functions more like short-term credit for the financially fragile, but closer to zero-interest loans for the well-off, according to a New York Fed report released ...
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