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Buy here, pay here. 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 ...
William Allan Jones Jr. (born December 31, 1952) is an American businessman from Cleveland, Tennessee. He is the founder, chairman and CEO of Check Into Cash, Creditcorp, Jones Management Services and the Community Financial Services Association, and several other local lending agencies. [ 1][ 2][ 3] He has been called the "father of the payday ...
In some cases, vehicles financed through a "buy-here-pay-here" car dealership—in which the consumer (generally those with poor credit) finances a car and pays the dealer directly without a bank—may require comprehensive and collision depending on the amount owed for the vehicle.
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Car purchases. The most common method of buying a car in the United States is borrowing the money and then paying it off in installments. Over 85% of new cars and half of used cars are financed (as opposed to being paid for in a lump sum with cash). [ 2] Roughly 30% of new vehicles during the same time period were leased.
Our experts and editors deliver the inside scoop on fashion deals, like the must-have shorts women are raving about, to home decor and tech. Dive into our latest on summer savings, with sneak ...
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