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Only 1 in 100 Buy Here Pay Here Dealers Say They Report Payments to Credit Bureaus, New Analysis of 4,481 Dealerships Finds
- BHPH Finder analyzed 4,481 Buy Here Pay Here car dealerships across 194 U.S. cities and published a report.
- Only 1.2 percent of 2,198 dealer websites state they report customer payments to credit bureaus, despite credit building being a main buying reason.
- Dealers rarely commit publicly to reporting payments, so buyers should obtain written confirmation.
- About 28.7 percent of dealers welcome bad or no credit, and 19.2 percent offer or promote in-house financing.
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21 Articles
21 Articles
Coverage Details
Total News Sources21
Leaning Left2Leaning Right0Center14Last UpdatedBias Distribution87% Center
Bias Distribution
- 87% of the sources are Center
87% Center
13%
C 87%
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