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What's the difference between a BHPH dealership and a traditional dealership? Depending on the dealerships you visit, very little. Despite recent headlines about the US credit-crunch, getting car credit is easier than you think. Buy Here Pay Here (BHPH) financing means that you arrange a loan and make payments on it at the dealership. Nowadays car dealers are also coming forward with new packages with flexible terms. In many cases, BHPH dealerships aren't just an option—they may be the only option when someone has been turned down by traditional loan institutions. 2. As the very name implies bad credit holders also can apply for. Since they are generally used to purchase a used vehicle with a relatively short payback period, these types of loans are intended to be paid back easily in a timely manner, which in turn helps to re-establish a good credit rating. Bad credit auto financing borrowers are providing this opportunity without the negative consequence like high interest rate and exorbitant down payment. What are the benefits of BHPH financing? 1. Additionally, most of these dealerships only report to a credit bureau when you’ve defaulted

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