July 16, 2010
-- Your Job is Your Credit auto dealerships, also known as "Buy Here Pay Here" dealers, have become the next big thing in the automotive industry. They provide customers with problem credit the resources to obtain an auto loan that is carried in house. It is important to research Buy Here Pay Here laws and businesses in your state because they each abide by different rules and regulations. As with any business, there are the positive aspects of Your Job is Your Credit, however; there are downfalls as well.
While the nationwide average credit score is around 670, this is just the average credit score, and while most people can obtain a traditional auto loan with this credit score, there are many people in every state who have a much lower credit score. With the average score of 600 required to obtain a traditional auto loan from a bank, this leaves many people who require Your Job is Your Credit, or in house financing.
As with any kind of business, Your Job is Your Credit car lots (http://www.yourjobisyourcreditcarloans.com/car-lots/
) have advantages as well as disadvantages. The main advantages include: consumers who have problem credit can obtain a vehicle loan with negotiable payments, however; there are many disadvantages as well. The biggest disadvantage is that the Your Job is Your Credit car lot knows that there is nowhere else the consumer can go. This is why they are able to offer sometimes extreme interest rates and not the best vehicles. Many times, the vehicles offered at Your Job is Your Credit car lots will fix problems with their vehicles just good enough to make the vehicle seem good, but once the consumer owns it for a short period of time, it will break down.
It is very important to check out any Your Job is Your Credit car lot to be sure they have a good reputation. When Your Job is Your Credit lots sell “lemons”, word generally gets around fast and the consumer can use these reviews to protect themselves.
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Do you need a car but your credit score has been through the ringer? At Your Job is Your Credit Car Loans (http://www.yourjobisyourcreditcarloans.com/
), we help shoppers who need to finance a car with credit problems.