On-the-lot financing is becoming more popular as many people with bad credit or no credit attempt to buy vehicles. As many banks will not give these customers auto loans because of increased restrictions or egregious risk, dealerships have started creating their own financing schemes to help these poor credit risk applicants. However, for many, the loans that buy them a dream car turn out to be a nightmare. Simple Concept, Not-So-Simple TermsWith an on-the-lot...
Read more at: http://www.infobarrel.com/A_Look_at_the_Dangers_of_On-the-Lot_Financing
Source: http://www.infobarrel.com/A_Look_at_the_Dangers_of_On-the-Lot_Financing
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