Buy Here – Pay Here Car Dealers: Auto Fraud Scam Alert
In California, welfare recipients can’t own a car worth more than $4,650, a dollar value set in the mid-’90s. The economy has been awful for several years, as we all know. This has left many Californians needing cars to buy clunkers and unsafe cars at high interest rates. How? Buy-here/pay-here dealerships are flourishing in California, selling to military families and the working poor. They often charge over 30% interest, and 1 in 4 of their buyers default and get repossessed. If you have been repossessed by one of these predators, give us a call and we will see if we can help you break the cycle of lemon cars, clunkers, debt, and repossession.