WHAT IS IN HOUSE FINANCING?
In House Financing, sometimes called Buy Here Pay Here, is a type of financing in which a business extends customers a loan in order to purchase goods or services. In-house financing eliminates the need to rely on banks, credit unions, or outside lenders. No banks, no hassles!
HOW COMBS IS DIFFERENT
Listen, we get it. Life is messy, and credit scores aren’t always representative of the person. Establishing credit is difficult, and bankruptcies, divorce, student loans, or even medical emergencies can destroy credit health overnight. Here at Combs, we believe in giving second chances, and in getting to know our customers on a one on one basis, so we will never check your credit score, ever! Each of our deals are unique to the customer and are approved on an individual basis! We are the perfect option for someone looking to drive home today while also building their credit. Our friendly sales staff will work with you to find the best vehicle and financing terms to fit your needs and your budget, and our compassionate collections staff will do our best to be flexible regarding payments.
Because we don’t pull credit, we do ask for a few other things to prove identity.
WHAT YOU’LL NEED
In order to be approved, we will need the following:
- 2 most recent paystubs
- Utility bill within the last 30 days, shows address clearly
- Driver License
- 8-10 References, cannot live with buyer(s), cannot live with each other
- ITIN card, if applicable
HOW WILL THIS AFFECT MY CREDIT?
It’s a common misconception that in-house financing doesn’t affect your credit. That simply isn’t true! We report to all 3 credit bureaus (Equifax, TransUnion, and Experian) at the top of every month. It’s important to make payments in full on time to grow your credit health. Many of our customers report seeing their scores jump up quite a few points over the duration of their loans!