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At a BHPH dealership, the process is usually reversed. What's the difference between a BHPH dealership and a traditional dealership? Depending on the dealerships you visit, very little. One of these things is a high pre-payment penalty. But with secured auto loans you are supposed to pledge collateral against the loan and in most of the cases the car you are buying is the best option. Make sure you ask the dealership if reporting is a policy they follow. In fact, many traditional new and used car dealerships have started to offer BHPH financing as an option. Regardless of your past credit history, there are several car credit specialists able to provide you with no-obligation quotes from dealers in your area. . The Internet doesn't.


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