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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
Buying a car with bad credit — a credit score between 300 and 579 — is possible, but it may be more challenging and expensive. ... If you have a lower credit score, making a down payment on a ...
Using your credit card for a down payment could put you over the recommended 30% credit utilization limit. If that happens, you can expect your credit score to take a hit. And if you max out your ...
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]
Sir John Arnold Clark (27 November 1927 – 10 April 2017) was a Scottish billionaire businessman. Clark opened a showroom in Glasgow in 1954 and found some success selling cars. He expanded his business and Arnold Clark Automobiles became a nationwide chain of motor dealerships and the largest privately owned business in Scotland.
Arnold Clark never retired from the company, remaining as chairman until his death on 10 April 2017, at the age of 89. [4] On 31 January 2019, Arnold Clark completed their takeover of The Phoenix Car Company. Phoenix was a family-run car retail group established in 1993, with dealerships of Kia, Hyundai, Honda, SsangYong and Mazda.
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If you’re buying from a car dealer or used car lot, you may have already found the best financing terms from an outside lender. But it doesn't hurt to inquire with the dealer about what they offer.
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