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With poor credit, zero credit, or bankruptcy, finding the right car lender for your automobile financing can be difficult. Sadly most credit unions and banks don’t accept applicants with credit scores below 620.  Most even have minimum credit scores below which they reject applications automatically.

For many the best alternative option is finding Buy Here Pay Here car lots in California. Buy here pay here auto lots do not approve financing via 3rd party car lenders. Instead they lend directly to their car shoppers.  BHPH auto dealer will approve credit scores well below 600, however, most of them do perform credit inquiries the majority of the time.  A hard credit inquiry such as this for buy here pay here financing will typically decrease your credit score by five points for a six month period.  On the other hand, a car loan can increase your credit score significantly when the installments are paid in full.  Like anything, there is no free lunch.  In-house financing rates are usually more than 10% for starters.  The cars are nearly all used, without certified pre-owned programs like the bigger dealers have.  You should also be wary of the dealer scams more common to smaller lots.  To avoid such predatory lending: adhere to the rule that anything which sounds too good to be true probably is.  Do you think Buy and Pay Here is right for you?  If you have have damaged credit, or none at all, then you should check out BHPH dealerships in your part of the state.  To get pre-approved, why not check out this site:  Buy Here Pay Here financing.