It really depends on where you live. Some of them are called a buy here pay here, but it is almost exactly the same thing in some places. These were first seen in many areas for car sales. Everyone, or almost everyone, needs a car, so these popped up to help those who do not have the credit for a loan. Those who own these businesses will get cars cheaply at auction, and then will have a customer make a weekly payment until the car is paid up. Most will not give the title until the car is paid.
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Saturday, April 10, 2010
What is Buy Now and Pay Later
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