WHY BHPH?
BUY HERE PAY HERE (BHPH) HAS BEEN AROUND FOR AS LONG AS CARS HAVE BEEN SOLD. IT IS NOT A NEW CONCEPT BUT WITH BANKS AND FINANCE COMPANIES REALIZING THAT PEOPLE WITH POOR CREDIT BUY CARS TOO, MANY HAVE CHOSEN TO CHARGE HIGH INTEREST RATES AND TO TAKE ON PEOPLE WHO ARE CREDIT CHALLENGED.
REQUIREMENTS ARE PRETTY MINIMAL BUT ONE REQUIREMENT THAT IS HARD TO OVERCOME IS HAVING A JOB WITH INCOME THAT CAN BE VERIFIED.
AS YOU KNOW, MANY PEOPLE WORK FOR JOBS THAT PAY CASH OR HAVE HEAVY TIP INCOME. MANY BUYERS ARE ALSO ON A FIXED INCOME THAT DOES NOT MEET THE MINIMUMS OF LENDERS. SOME PEOPLE JUST NEED A SHORT-TERM LOAN UNTIL A CHECK COMES IN OR WHATEVER... THE LIST GOES ON.
LENDERS FOR THE SUB-PRIME MARKET USUALLY KEEP A LARGE PORTION OF THE UNPAID BALANCE AS WELL. YOU SHOW AN UNPAID BALANCE OF $3000 AND YOU GET A CHECK FOR $1800. NICE. WOULDN'T IT BE NICE IF YOU GOT ALL $3000?
SOME DEALERS WOULD RATHER GET $1800 TODAY THAN WAIT A YEAR FOR $3000. THAT WORKS FOR THEM. IF YOU WANT THAT $3000 AND ARE WILLING TO WAIT THEN THIS PROGRAM IS FOR YOU. BHPH DOES NOT WORK FOR EVERYONE BUT IF IT WORKS FOR YOU THEN CHECK US OUT. YOU WILL SEE THAT WE HAVE AN EASY-TO-USE PROGRAM TO MAKE IT WORK FOR YOU.
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