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Who should go to a BHPH dealership? BHPH dealerships are primarily designed for shoppers who may have experienced significant financial bumps and bruises. High Pre-Payment Penalties Predatory lenders like to include things in their contracts that make it nearly impossible for you to refinance your loan. 2. But whether you're traveling 10 mph or cruising by at 70, it's difficult to understand anything from those four words. You therefore "buy" the car at the dealership and "pay" on the loan at the dealership. In order to accommodate for this, you need to always be fully aware of the prices of used cars in your area for the model and make of car that you are looking for, since some dishonest dealerships may try to take advantage of your predicament. 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 average search for the phrase "Buy Here Pay Here" brings back more than 40 million results, each one saying something slightly different than the next. One of these things is a high pre-payment penalty. This article explains some of the things to watch out for.


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