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Raju Kumar
Raju Kumar
Asked: 11 months ago2024-07-21T20:49:09+05:30 2024-07-21T20:49:09+05:30In: Autos & Vehicles, Vehicle Dealers & Retailers, Vehicle Shopping

Can you recommend any car dealerships that do not require a credit check?

While I can’t recommend specific dealerships, I can tell you about a type of dealership that often doesn’t require a credit check: **Buy-Here-Pay-Here (BHPH)** dealerships. BHPH dealerships finance the car directly to the buyer, so they may not rely on credit scores for approval.

Here are some things to consider about BHPH dealerships:

* **Higher interest rates:** Because they don’t rely on credit scores, BHPH dealerships may charge higher interest rates than traditional lenders.
* **Larger down payments:** Be prepared for a larger down payment compared to traditional financing.
* **Vehicle condition:** BHPH dealerships typically sell used cars. It’s important to have the car inspected by a mechanic before you buy.
* **Limited impact on credit:** BHPH dealerships may not report your on-time payments to credit bureaus, which means on-time payments won’t help build your credit score. However, late payments will be reported and could hurt your credit.

Here are some resources that can help you find BHPH dealerships in your area:

* Online search: Search for “buy here pay here car dealerships near me”
* Classifieds websites: Look for BHPH dealerships listed in online classifieds

Remember, it’s important to shop around and compare prices and interest rates before you buy a car from a BHPH dealership.

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