Hand picked records important to the history of Soul Strut.
Several dealerships across the state specialize in in-house financing and credit re-establishment:
Buy Here, Pay Here (BHPH) dealerships in Massachusetts act as both the car dealer and the lender, providing in-house financing directly to customers instead of using third-party banks. This model is often a "financing of last resort" for individuals with poor or no credit history, as approval is typically based on proof of income and residence rather than credit scores.
: All non-bank lenders, including BHPH dealers, must be licensed by the Massachusetts Division of Banks . You can verify a dealer's status via the NMLS Consumer Access portal.
: Before repossessing a vehicle, a lender must send a "notice of default" providing the borrower 21 days to catch up on payments (cure the default).
Several dealerships across the state specialize in in-house financing and credit re-establishment:
Buy Here, Pay Here (BHPH) dealerships in Massachusetts act as both the car dealer and the lender, providing in-house financing directly to customers instead of using third-party banks. This model is often a "financing of last resort" for individuals with poor or no credit history, as approval is typically based on proof of income and residence rather than credit scores. buy here pay here car dealerships in ma
: All non-bank lenders, including BHPH dealers, must be licensed by the Massachusetts Division of Banks . You can verify a dealer's status via the NMLS Consumer Access portal. Several dealerships across the state specialize in in-house
: Before repossessing a vehicle, a lender must send a "notice of default" providing the borrower 21 days to catch up on payments (cure the default). You can verify a dealer's status via the