Buy Here Pay Here Charleston, WV

Over the last couple of years a growing segment of the West Virginia population are people looking for bad credit auto loans from both auto finance companies and local car lots. This increase in the West Virginia population of people with bad credit looking for auto loans is primary due to the average hourly wage of West Virginians, lack of employment, and corporate down sizing. There is good news; the unemployment rate in West Virginia is still over 1% under the USA unemployment rate. Our average wage, on the other hand, is far below the national average. The fact is that higher unemployment rates, and lower wages, create more people in WV with bad credit. It�s good to know that people of the Mountain State with low credit scores can still buy a car with a low credit score.

The requirements for all auto lending programs are quite simple; you have to be employed or have a regular source of income.

If you meet the first requirement, it�s time to decide is you should peruse lender or buy here pay here financing in WV. Getting a bad credit auto loan from a lender is best if you can qualify. Most subprime auto loan lenders approve people with bad credit that have a steady income, lower debt to income ratio, and have most of their credit problems behind them. WV buy here pay here car lots tend to approve people that can afford a monthly payment and have enough money down to pay for fees above the cost of the car. In other words, buy here pay here car dealers in WV will lend you the money to buy a used car from their lot, but not to pay the government their commission on the car sale.