Bad things happen to good people. Everyone falls on hard times. The difference is in what you do to get back onto your feet. When you’re buried in debt it can feel like the weight of the world bearing down on your shoulders. While you need to take out loans to re-establish credit no one will loan you anything to do so. Getting a credit card with a small credit line is next to impossible and it would hardly do anything to improve your score anyways.
So what’s the answer? Unlike other used car dealerships, buy here pay here dealers are typically the only car lots willing to take any kind of chance, because they’ll finance bad credit. They are known as a buy here pay here car dealership, special finance or bad credit auto dealers. The only difference being that special finance usually deals with people who want to buy newer cars.