Buy Here, Pay Here (BHPH) is a type of auto financing where the dealership itself acts as the lender, rather than a traditional bank or credit union. Often described as "tote-your-note" or "no-credit-check" financing, it is primarily used by buyers with poor credit or no credit history who cannot secure traditional loans. How the BHPH Process Works
Unlike traditional dealerships, the BHPH process often begins with financing rather than vehicle selection. how does buy here pay here work
Approval is based on verifiable income, employment stability, and residency rather than a FICO score. Buy Here, Pay Here (BHPH) is a type
Payments are made directly to the dealership. These are often scheduled weekly or bi-weekly to align with your paychecks. Financial & Operational Characteristics What is a Buy Here, Pay Here Dealership & How does is work? Financial & Operational Characteristics What is a Buy
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