 TITLE: How Buy Here, Pay Here Dealer Financing Works CONTENT: How Do Buy Here, Pay Here Dealerships Affect My Credit Score?\n-------------------------------------------------------------\nMost legitimate auto lenders report your payment activity to all three credit reporting agencies (Experian, TransUnion, and Equifax), which can help improve your credit score if you're making regular on-time payments. But that's not always the case with BHPH dealerships, especially if it's a small outfit for which the costs of reporting would be too high.\nThat said, applying for a loan with a BHPH dealer likely won't impact your credit score negatively either. Many such dealers don't run a credit check when you apply for a loan, so you won't see a hard inquiry on your credit report. These inquiries typically knock less than five points off your credit score.\nAlso, if the dealership does end up repossessing your car, that likely won't show up on your credit report either, which can prevent future problems. END