BHPH Advantages
When it comes to buying a car without a credit check, you don’t have many options. One thing you can do is buy a car from a private seller. However, you’ll obviously have to have enough cash in hand to make such a purchase outright. Given this economy, most of us just don’t have that kind of coin on tap. The alternative is to finance a car from a lot that advertises “no credit check.” Generally, these kinds of business offer what’s called Buy Here Pay Here financing. BHPH advantages are many: for one, your credit will usually not be affected if you miss your payments and your car has to be repossessed. They also will approve just anybody for credit as long as they have enough income.
That said, these types of auto sales come with a hefty price: high interest, strict payment guidelines, and a general lack of vehicular options and customization.
