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You might not see "Buy Here Pay Here" written across the windshields of their cars, but phrases such as "We Finance" may indicate that option is available. You purchase the car through what's referred to as in-house financing versus through a third party, such as a bank. High Pre-Payment Penalties Predatory lenders like to include things in their contracts that make it nearly impossible for you to refinance your loan. The chance to choose from available cars, make affordable monthly payments and enjoy the freedom a car offers can't be overstated. Because car loans are secured, the interest rates are better than those on unsecured loans. You therefore "buy" the car at the dealership and "pay" on the loan at the dealership. Your introduction to the world of Buy Here Pay Here financing Chances are that you've seen the words "Buy Here Pay Here" painted boldly across the windows of a local car dealership. After you've seen a few models, asked a host of car questions and possibly test driven one, the dealer will help you explore payment options. What does Buy Here Pay Here mean? Despite being the fastest growing segment in the auto sales industry, there's not an official definition

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Car Credit is your Buy Here, Pay Here automobile dealer for over 23 years serving the greater Fort Wayne area and surrounding communities by providing affordable