If you find yourself with bad credit but needing to buy a car, then what would you do? Oftentimes, when a person finds themselves in a situation such as this, then they will resort to car dealerships who offer their own in-house financing. It is really sad, because so many people do this only out of pure desperation and need.

- This is why car dealerships such as the buy here pay here car lots are capable of charging those high interest rates. If you had another option, then there is no way that you would be willing to pay twenty-five percent interest on the balance of what you owed on a car.