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The dealer will ask you a series of questions, possibly run a credit report and invest in understanding your credit experience before showing you available cars. It is important to keep credit limits low at first with the card though so that you know that you can handle the card. The cars are generally used, and the dealership usually charges more than the blue book value for the cars. Updates will need to be made after your bankruptcy, so you should send information on your discharge to Equifax, Trans Union and Experian, the main credit reporting groups. Some terms and conditions First of all you must be a valid UK citizen to apply for auto loans and must be having a regular source of income. Available cars, available credit Without a doubt, the most important benefit of BHPH financing is that it gives credit-challenged people the opportunity to get much-needed transportation. By working on fixing bad credit after bankruptcy. In addition to being a way to get a new car, financing the purchase through a poor credit car loan can help repair your own credit history.


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