EP #2 Learn the Dirty Little Secrets about the of "Buy Here, Pay Here car dealers" and the reasons behind their success. Insanely high repossession rates because consumers are sold a horrible deal. Also, we discuss how the "no credit no problem" is part is a huge problem. 

Do you have a "buy here, pay here" car lot experience?
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Takeaways

• Buy here, pay here car dealers target customers with no credit score and offer financing directly from the owner of the car lot.
• These dealers source their cars from auctions, trade-ins, and a constant cycle of repo cars they get back from the last guy they ripped off.
• Buy here, pay here dealers rarely conduct thorough mechanical inspections on their vehicles.
• Payments made to buy here, pay here dealerships not reported to credit bureaus. So this purchase does NOT help you build a credit score. 

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Season One Intro Music: https://uppbeat.io/t/cruen/camping
License code: AACFPDP424VK449S