Home / Bad Credit / Buy Here Pay Here – Florida (FL) / Buy Here Pay Here – Pompano Beach (FL)

 

For anyone who’s having credit trouble, a buy here pay here car lot might seem like the perfect solution. Although such dealerships don’t look at your credit, they do look at your income. The actual vehicles you’ll be able to finance will hinge upon your income, as well as your down payment. The thing is, BHPH dealerships are not without their downsides, including exorbitant APRs, huge down payments, only used vehicles, and higher rates of repossession.

Bad Credit Car Dealerships – Pompano Beach

You’ll be relieved to know that only some bad credit car dealers in Pompano Beach engage in BHPH financing. A lot of conventional dealerships can get people with bad credit funded at more affordable rates and more advantageous terms, and help them restore their credit as well. The loan companies through which these kinds of dealerships set up financing are far more tightly governed by federal and state authorities than BHPH dealerships, which means less probability of being swindled. Generally, you need a monthly income of $1500, and a down payment of 10% for approval. Here are cars for sale in Pompano Beach, the majority of which can be financed even if your credit isn’t perfect. Contact the seller to find out about your financing options.

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