Finding Car Dealerships where Your Job is Your Credit

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Even with poor credit.

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Megan Foukes is a recent graduate from Indiana University who graduated with a bachelor’s in journalism. Megan works as a content writer for Auto Credit Express and contributes to several automotive and finance blogs.


, - February 4, 2019

If you’re looking for a car dealership that doesn’t check your credit, you should check out buy here pay here (BHPH) dealers. Also known as “your job is your credit” dealerships, these places use your income and job to determine approval instead of your credit score and reports. How much you need to make to get approved varies by dealer, but you can typically expect to need a pre-tax income of at least $1,500 to $2,000 a month.

The Basics of ‘Your Job is Your Credit’ Car Dealers

BHPH car dealers use your job as your credit, and these lots are a good alternative to traditional auto financing if you need a vehicle fast. These dealerships are also lenders, and finance cars in-house. If everything goes swimmingly, you may be able to sign and drive off in a vehicle in the same day, at the same place. Because these dealers don’t rely on third-party lenders to complete the auto financing process, they don’t need to check your credit.

“Your job is your credit” dealers base approval on your income, down payment, and sometimes residency, instead of your credit. This makes it easier to get a car loan if you’re struggling with bad credit, no credit history, or repossessions. But, keep in mind that if you take out one of these auto loans, it isn’t always going to improve your credit score. That’s because these dealerships don’t report any positive payment history to the three major credit bureaus, unless they tell you they do.

In addition, these dealers often require you to pay weekly or bi-weekly in person. So, make sure you live near the dealership, or are able to easily make each payment on time. If you miss just one payment, many BHPH dealers have the ability to repossess the vehicle or shut it off without notice.

The last thing you need to be aware of are the type of vehicles you’re going to see. The cars on “your job is your credit” lots are generally older models. These vehicles aren’t bad, but you do need to check the VIN number and vehicle history report of any model you’re considering to get its full history and make sure its title wasn’t washed or hasn’t sustained damage. In addition, have a certified mechanic look at the car to make sure it hasn’t experienced any unreported damage.

Another Car Buying Option

If you’re on the fence with a BHPH lot or a “your job is your credit” dealer because you want to improve your credit, know that you may be able to qualify for other bad credit auto loan options. A subprime lender may be able to approve you for auto financing, even with bad credit. These lenders specialize in helping credit-challenged car buyers, but do look at your credit score and reports to determine approval on top of proof of income, residency, and a working phone.

In addition you must make a down payment, just like with a BHPH dealership. But the down payment requirement is typically much less than what BHPH dealers may ask for. The minimum amount varies by lender, but it’s typically $1,000 or 10 percent of the vehicle’s selling price, whichever is less.

Can’t Find a Dealer to Work With?

Whether you choose to get auto financing from a dealer who uses your job as your credit or subprime lender, you need to make sure you meet the basic income, down payment, and residency requirements. If you’re ready to take the plunge and get a car loan, but worry your credit is keeping you from getting approved, let CarsDirect help.

We help consumers by matching them to local dealerships that have the lending resources available to get them the financing they need. The process is quick, easy, and free. Simply fill out our auto loan request form, and we’ll get right to work matching you with a local dealer.

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Megan Foukes is a recent graduate from Indiana University who graduated with a bachelor’s in journalism. Megan works as a content writer for Auto Credit Express and contributes to several automotive and finance blogs.


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